Why You Should Sell Your Home in 2020
Few people are predicting that 2020 will be a record-breaking year for home sale prices.
But relatively speaking, 2020 might be the best time to put your house on the market. Especially if you’re on the fence about selling this year or next. It may be better to sell in an environment that’s more predictable rather than wait for time to pass and circumstances to change.
Ryan Gorman, the president and CEO of Coldwell Banker NRT, predicts that the housing market will be increasingly healthy in 2020. This means home prices will continue to rise but at a moderate pace. This means homebuyers are less likely to face affordability issues. Also, there will be a better balance between supply and demand for housing than in previous years.
Have you bought your house in the past few years, still love it and don’t want to part with it? Go ahead and wait another five years before revisiting the thought of selling. But, if you’re weighing your options to sell and are considering selling this year or next, don’t wait.
Here are four reasons to sell your house in 2020:
New buyers are still entering the market. Low-Interest rates are to remain low. You have high equity. There’s no telling what 2021 holds. New Buyers Are Still Entering the Market If your house is at the higher end of the price range in your market, you should expect less buyer interest than in previous years. If your home is in the entry-level or midlevel price range for your city, expect to have interested buyers eager to move quickly.
Crossland Title, Inc
Crossland Title Inc. is a Knoxville title agency providing full-service real estate title solutions. Crossland Title Inc. makes your closing seem effortless.
With more than 32 years of experience in the real estate and title business, owners Pam Rice and Beth Crox have built their reputations upon the virtues of personal service and integrity. They believe that reputation as an honest and reliable business is the recipe for success.