It’s a Great Time to Buy But what about Selling?

It’s a Great Time to Buy But what about Selling?
by Joshua Suess
If you haven’t already noticed, this is a fantastic time to buy real estate in the Santa Clarita Valley. What most need to remember is, when stock prices fall, it’s usually the best time to buy. Buy low and sell high, right? The same is true in real estate.

Low interest rates and low prices equal a fantastic time to purchase - but is it a good time to sell? The answer is yes and no. There are currently five price ranges that are actually experiencing a “sellers’ market” and eight price ranges that still remain a “buyers’ market.” Knowing which category you fall in would be a key first step in choosing whether to sell now or not.
Second, your motivation to sell would be an accurate predictor of the end result. Those who “want to move” may not have enough motivation to do what is necessary to sell in this market and those who “have to move” are surely the ones with a “sold” sign on their front lawns.

Third, it is highly recommended you speak with a real estate professional who handles and is familiar with all types of selling options such as short sales, standard sales and others to properly advise you on what options are available to you in this market. The most critical aspect of buying or selling a home in today’s market is having a knowledgeable real estate professional on your side to guide you through in order to avoid costly mistakes.

Joshua Suess is with the Suess Home Selling Team at Re/Max 702-4640 www.SuessSellsHomes.com.