Have You Outgrown Your Home

Dated: December 11 2019

Views: 164

Have You Outgrown Your Home?

Have You Outgrown Your Home? | MyKCM

It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.

The good news is, it’s okay to admit if your house no longer fits your needs.

According to the latest Home Price Insights from CoreLogic, prices have appreciated 3.5% year-over-year. At the same time, the National Association of Realtors (NAR) reports inventory has dropped 4.3% from one year ago.Have You Outgrown Your Home? | MyKCMThese two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.

This is great news if you own a home and are thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.

Bottom Line

If you think you’ve outgrown your home, let's get together to discuss local market conditions and determine if now is the best time for you to sell.

Blog author image

Danah Prophet

Danah Prophet - Realtor, Office Manager, Buyers Agent, Salt Realty | Mobile: 843-685-0956 Danah@SaltRealtySC.com | http://www.SaltRealtySC.com/ An Innovative Real Estate Firm Specializing in Coast....

Latest Blog Posts

JUST LISTED IN PRESTWICK 400K

👀💥JUST LISTED💥👀 in Prestwick! #MyrtleBeach by Mo Paul's Team at Salt Realty. 4 BDRM, 3.5 BA, All Brick Home, hardwood flooring, screened in porch, Granite Countertops and more. 400K Call

Read More

COMING SOON EAST OF 17 1 MILE TO THE BEACH

COMING SOON!! East of 17 only 1 mile to the Island #PawleysIsland by Danah Prophet at Salt Realty. ALL 1 LEVEL, Double Master- 4 BDRM, 3 BA upscale resale-Bike Ride or scoot down to the.

Read More

How Remote Work Can Power Your Vacation Home Sale

How Remote Work Can Power Your Vacation Home SaleThis year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing

Read More

Your House May Be High On The Buyer Wish List This Holiday Season

Your House May Be High on the Buyer Wish List This Holiday SeasonAround this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who

Read More