Now is the time to maximize your equity position-Framingham, Ma
Today we are in a strong sellers market that is allowing sellers to recover most if not all of their losses from the market downturn of teh real estate bubble in 2007. Appreciation rates in Framingham ma and in metrowest and Norfolk County towns have skyrocketed over the last couple years. Foreclosures have risen since mid 2015and up gone from a 7% increase to 14% plus since.
As a seller, it is a great time to get your equity buildup out because the rates will start to move and take some buyers out of the market. Even though the rates are historically low, they cant stay this way forever. The greatest thing is you can get many offers on your house that is in decent to good condition. This market is so different than a buyers market , where there are Several hundred homes on the market, and they take many months to sell. The key to the sellers market we are seeing in 2016 is the lessening of housing inventory, and the many buyers fighting over fewer homes also raising your selling price.
Eve though it is really not that hard to sell a home if it is in good condition, it still needs to be priced accordingly and you need to work with a Realtor who is a top negotiator to maximize your equity position. Realtors are also trained in how to market homes successfully to bring in top dollar.
Realtors typically will generate an average of 4-5% more money for your home even after the commission is paid. There is a reason why realtors get paid what they do. Our work is not easy from paperwork to negotiations and all steps after, there is a lot of work done to keep all team members and both the buyer and seller side on the same page throughout the transaction. There is a lot that sellers and buyers dont see that goes on to keep the transaction on the path to closing.
Now is the time to maximize Your equity position in your Framingham home with so many buyers looking to take advantage of historically low interest rates , and for sellers to maximize their top end selling price. Its a feeding frenzy for homes that are in good condition. Buyers will pay top dollar knowing that there are less homes that fit their criteria in this hot sellers market.
If you are looking to sell or need to sell what ever the your motivation, you can not lose now because there is little inventory and many byers for these few homes. These two reasons are major reasons that your house is seen as such a precious asset right now. Real estate markets are cyclical so we dont know how long this market will ride out. The foreclosures have risen considerable over the last year, so this is usually an indication of sorts that the market downturn is inevitable. It is tough to predict exactly whe that will happen. It is smart to take advantage of this profitable sellers market right now.
If you are thinking of selling you can visit www.mahomevaluesnow.com to getyour homes value.
Call me anytime at 774-286-9161 with any questions or email me at dgreenberger@laerrealty.com. I am always here for your questions and needs.
Now is the time to maximize your equity position -Framingham ma
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