Special offer

Should you sell your house in THIS market? Janice Roosevelt, Keller Williams, Real Estate, PA & DE

By
Real Estate Agent with Keller Williams Brandywine Valley PARS273421 & De Lic.

Why sell now?

  • Let's start with a seller's equity position, if you have it, protect it and that could mean selling now.
  • It's likely the market has not bottomed out, and with the halt on foreclosures there are more positioned to come on the market, along with short sales.
  • Consider that real estate cycles run in 5-7 year increments and appreciation averages 3%. Can you afford to wait?
  • The market is fluid, changing monthly particularly now, with spring traditionally is a time when a large number of buyers are shopping. The good news is that buyers are buying.  
  • Record low mortgage rates, say some experts will start to inch up closing 2011 a full percentage point above December 2010. For every mortgage point increase, buyers can afford $10,000  less.
  • Inflation is another word buzzing in financial circles.. how will that affect a house?

Generally, properties are netting 95% of their list price in our area, IF they are property priced and staged they sell in 90 days.

For a free consultation on your home selling situation, call Janice at 610-764-3062 or email jroosevelt@kw.com

Comments (4)

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Lots fo things for sellers to consider.  There are many reasons to sell as you have pointed out.

Feb 23, 2011 02:44 PM
Janice Roosevelt
Keller Williams Brandywine Valley - West Chester, PA
OICP ABR, ePRO,Ecobroker

Joan, yes it can be the right time for many to sell. Hope all is well with you and the snow is starting to melt.

Feb 23, 2011 02:46 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Janice

i believe this is a good time to buy and get what you want in a home.

Good luck and success.

Lou Ludwig

Feb 23, 2011 02:54 PM
Janice Roosevelt
Keller Williams Brandywine Valley - West Chester, PA
OICP ABR, ePRO,Ecobroker

Thanks Lou, buying a home that better suits your needs is a great reason to sell the current home now!

Feb 23, 2011 03:01 PM