Noticing for sale signs in your neighborhood? That’s because there has arguably never been a better time to sell your home. Here are 5 reasons why selling your home today can be a really smart move.
1. Prices are at an all time high
Sale prices of homes nationally have hit an all time high. Which means you probably have even more equity in your home than you think! Take a look at the chart from FRED on National Home Price.
2. People wait for the spring
When people wait to sell until the spring that means less homes on the market. With an already limited number of homes for sale, you’ll have even less competition and can get even more offers which then means more $!
3. Mortgage rates are still ridiculously low
Mortgage rates are still at an all time low, and the Federal Reserve has said they have no plans in the near future to change that. This also means you can get a crazy low rate on your new home after the sale of your current home. Find out what rate you can get today right here.
4. Can easily get bridge loans
Want to use the funds from the sale of your house towards you new one? The bridge loan is perfect