Is Now The Time to Sell Your Home?

By
Home Stager with Jenna Kate at Home LLC

Many of my friends are in the process of buying vacation homes - whether they be lakeside or beachfront properties. With interest rates at an all-time low, it's definitely an amazing time to be getting a mortage. Whether that's a first or second mortgage. 

Personally, we don't have the cash for a large downpayment on a second property, but we did take advantage of the low rates and refinanced our home. It's crazy how much money we are saving every month, and we didn't even have to go through the hassle of an appraisal!

Conversely, is it a good time to be selling your house? I was thinking about this when recently updating a blog post about the Best Paint Colors For Selling Your House. Yes, it will be good in terms of the interest rates for the person buying your home. But the fact that so many realtors are not doing open houses or even in-person showings must surely make it a trying time? Not to mention, so many people have to tighten their purse strings right now because they have been furloughed or laid off. 

The market definitely favors the buyer right now but how are sellers doing? I'd love to hear from you if you recently sold your home - how was the experience?

 

Comments (4)

Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much for following my blog. Your comments are always welcome.

Your should use your blog settings to create an automatic signature for your blog. Readers want to see your contact information.

Aug 11, 2020 04:25 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Jenna, welcome to the ActiveRain community, congratulations on your first blog.

Sep 09, 2020 01:05 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jenna Shaughnessy welcome to ActiveRain and congratulations on successfully posting your first blog.

Oct 11, 2020 02:07 PM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

It probably is based upon your Replcement needs . These mortgage rates greatly extend your purchasing power 

Oct 18, 2020 07:17 AM