I am asked all the time if anyone is selling their home these days since prices have dropped so dramatically over the last couple years. Actually people are still selling their homes. Some people have to sell for typical reason like job transfer, divorce, death and so on. One group of people that are selling are the move-up buyers.
The people who want a bigger, nicer house are taking advantage of this buyer's market and are cashing in on savings on their next purchase. Sure, they are taking less for their house, but they are buying the next house for much less as well. I encourage move-up buyers to act now because this is the time when the market is really working in their favor. That $750,000 home that was unaffordable for them has just been discounted by 30% and that is a huge savings for anyone.
Real estate seems to be either a buyer's or seller's market. When it's a seller's market, those that are downsizing really benefit when they sell. In a buyer's market, people who are moving up reap the rewards. There is always someone who wins when it comes to real estate - it just depends on the type of house you are in need of and the state of the market that determines if you land on the winning side when you sell your home.
If you are a move-up buyer, it's your time to be a winner!
The people who want a bigger, nicer house are taking advantage of this buyer's market and are cashing in on savings on their next purchase. Sure, they are taking less for their house, but they are buying the next house for much less as well. I encourage move-up buyers to act now because this is the time when the market is really working in their favor. That $750,000 home that was unaffordable for them has just been discounted by 30% and that is a huge savings for anyone.
Real estate seems to be either a buyer's or seller's market. When it's a seller's market, those that are downsizing really benefit when they sell. In a buyer's market, people who are moving up reap the rewards. There is always someone who wins when it comes to real estate - it just depends on the type of house you are in need of and the state of the market that determines if you land on the winning side when you sell your home.
If you are a move-up buyer, it's your time to be a winner!
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