Is it Time to Sell
April 23, 2018
According to Realtor Magazine, there is a 7.3 million housing short fall throughout the US. Home builders have not kept pace with population growth over the past decade. Given that fact, you may be wondering if now is the right time for you to sell.
The answer is yes and no. Right now there is a strong demand for housing here in Brevard County as we continue to add jobs to our local economy. However there are a couple of things you should consider before jumping in to sell your home.
Is your home too big or too small for your needs? As we get older our housing needs first grow and then shrink as adult children move out. What was a perfect starter house when it was just you can quickly become cramped and crowded as you add spouses, children or pets to the equation. Then as you get older and your children move away, you'll find the house can be too big for your needs or too much to maintain.
Location, Location, Location. Does the location of your home suit your needs and lifestyle? Perhaps you've taken a new job that adds time to your commute, or want to move your children to a better school district. Maybe your neighborhood has changed over time, and it no longer fits your lifestyle. All are good reasons to
Finally, can you continue to afford to live there? Perhaps your mortgage, utilities, or taxes are too high. There are a host of reasons including that commute I previously mentioned why a home might not be as cost effective as it once was. What ever the reasons, when this point comes, it is time to consider moving to an area that will offer you more financial peace of mind.
If you answered yes to any of these, then absolutely now is a great time to put your home on the market. You will more than likely get a great return on your initial investment in your home, and find some place that better fits your needs.
Whether you are selling or buying, I am always happy to help you with all your real estate needs.
Happy Selling and Buying!