Do you have a crystal ball? ๐ฎ Oh, well, I donโt either. Right now, thereโs never been a better time to sell your home, but that may not always be the case. Hi, Iโm Natasha Carroll, here with Natasha Carroll Realty. In fact, Iโve been in the Real Estate industry for 10 plus years, and the market weโre experiencing now, is similar to the real estate market back in 2008, when it was very similar to what it is now. Prices were booming, we were seeing multiple offers, we received bidding wars, buyers were fighting over properties and big enough properties so high that they werenโt even appraising. It was almost like overnight. We went from having it to be a total sellers market, to being a buyerโs market. It truly was insane. We went from having no inventory, to having a surplus of inventory. That, in conjunction with the bad mortgages, caused the real estate market to crash. People were losing their homes left and right, to the shift.
Also think of this, if you sell your home ๐ก and you get a surplus of money that you werenโt expecting, because the market is so strong right now, that means you also have more money to purchase a higher price home in the future. Also keep in mind that the higher the price of the home, typically, there is less competition. โCause the lower prices homes now, thereโs so much competition. Youโll still most likely be competing just like the buyers are for the homes you are selling. But if youโre moving up โฌ๏ธ and not downโฌ๏ธ into a different price point, chances are, it wonโt be as competitive as what youโve experienced when you sold your home. Again, Iโm Natasha Carroll, here with Natasha Carroll Realty. Have an awesome home buying and selling day, and be sure to look out for other four videos on why now is the great time to sell your home. If you will like to binge watch all of our videos, go and check out our YouTube channel at Natasha Carroll Realty.