Why Now is a Great Time to Buy and Sell in the Same Market!

All we keep hearing is what a wonderful Buyers market it is in Real Estate. And it's absolutely true! Inventory is high, Days on Market are Long and prices are coming down. And all the Sellers are crying the blues. But they really shouldn't be.

If you are looking to buy up in the same market and are worried you are not going to get the amount of money for your Sale that you want, here's another way of looking at it.

Say the home values in your area have gone down 10% (this may not be true in your area, this is just an example). Your home would have sold for $300K but will now only fetch $270K, a loss of $30K. The house you want to buy for $500K, you can now get for $450K, a $50K savings! This actually has you $20K ahead of the game!

So if you were thinking about buying up NOW is a wonderful time to do it! My family is doing it! And MANY other Realtors I know are doing it because we understand it's a good time increase our net worth and we understand that home values will once again come up.

Another fantastic route to take now is buying investment properties. Now is a great time to get them at a discount, hold onto them and rent them out and then sell them when the market rolls around again. This is not for everyone as it is not a liquid investment but if you'd like to see what is available I can send you a list for your area.

If you have any questions about the state of the market in your area, give me a call because I'd be happy to help you. You can always reach me directly at 484-459-8025.

Thanks for listening!

Krista Fuchs, Realtor, Prudential Fox & Roach, Exton Home Marketing Center