Are You Timing the Housing Market in Metro Detroit?
Are you trying to decide if you should sell and buy? Are you wanting to move simultaneously and trying to time the Housing Market in Metro Detroit area at the same time?
If you’re trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move.
Win When You Sell in Today’s Housing Market
Currently, conditions are very favorable for current homeowners looking for a change. If you sell now, here’s what you can expect:
- Your House Will Stand Out – Right now, the data shows more sellers are getting ready to list their homes this winter. There are still more buyers in the market than homes for sale. I recommend Selling your house now before more houses are listed. Your house will get more attention from serious buyers who are eager to find a home.
- Your House Will Likely Get Multiple Offers – When supply is low and demand is high, buyers have to compete with each other for a limited number of homes. The latest Realtors Confidence Index from the National Association of Realtors (NAR) shows sellers are getting an average of 3.6 offers in today’s market.
- Your House Should Sell Quickly – According to the same report from NAR, homes are selling in an average of just 18 days. As a seller, that’s great news for you if you’re looking for a quick process. Want more money? Then apply High Tech Digital Marketing as well.
Win When You Move
In addition to these great perks, you’ll also win big on your next move if you sell now. CoreLogic reports homeowners gained an average of $51,500 in equity over the past year. This wealth boost is the result of buyer competition driving home prices up. You can leverage that equity to fuel a move before mortgage rates and home prices climb higher. See the chart below to get a feel for how rates are projected to rise.
The longer you wait to make your move, the more it will cost you down the road. As mortgage rates rise, even modestly, it will impact your monthly payment when you purchase your next home. Waiting just a few months to make that change could mean a long-term financial impact.
The good news is today’s rates are still hovering in a historically low range. According to Doug Duncan, Senior VP and Chief Economist at Fannie Mae:
“Right now, we forecast mortgage rates to average 3.3 percent in 2022, which, though slightly higher than 2020 and 2021, by historical standards remains extremely low . . .”
Selling before rates climb higher means you can make your move and lock in a low rate on the mortgage for your next home. This helps you get more house for your money and keeps your payments down.
☝☝ ☝ Watch Video for Sneak Peak
Don’t muddle through the Home Buying and Selling Process. Buying a new home is a dream for all of us, and it’s an emotional and stressful process. It also involves the most significant financial transaction you probably will make in your lifetime.
Your Selling Guide…
It will help you work through the selling process using the latest in high-tech market tools, so you make MORE MONEY. Our goal is to separate your home from the competition, keep Buyers focused on your house. The Selling Guide is very detailed and works step-by-step, so you’re guaranteed Top Dollar for your home.
Your Buying guide…
It will help you buy your ideal home with confidence and save thousands in the process. 1. What you should avoid after applying for your mortgage. 2. How to Save Money when you purchase. 3. Know the market Your In and Home Prices.
Both Guides will help you…
Strengthen your Negotiation Power. How to handle negotiations if you find yourself in a multiple offer situation? Find out the answers by downloading your PDF e-Book Guides and WIN when Buying and Selling a home in 2022
Get Your Home Buying and Selling Strategies in our E-Guide
Bottom Line Regarding Winning in the Housing Market this Winter
As a homeowner, you have an excellent opportunity to get the best of both worlds this season. You can indeed win when you sell and when you buy. If you’re thinking about making a move, let’s connect, so you have the information you need to get the process started.
Simplifying Real Estate Through Education
As we move forward, it’s been challenging as we navigated through all the changes. Putting your dream of a new home on HOLD shouldn’t be one of them. Now more than ever, knowledge will be your power. Know the Market You’re In and your Negotiation Power. Check out Categories for additional updates regarding the Market | Buying | Selling
If You Need To Sell 1st… 🛑 I Recommend
STOP Doing This!
No 2 homes are alike, and agents need to 🛑 marketing ONE size fits all. We no longer have an exposure problem (internet). Your home is buried on public home search internet sites. The only way to compete on those platforms is the price. If you want more money, you need to apply Influence. Separate your home from the competition, so the Buyer sees value. Keeping them focused on your property and not getting lost in homes’ inaccurate data on public internet sites is necessary. Having digital omnipresence on serval platforms is your key to success. Remember MORE INFLUENCE = MORE 💰. We have details on how you can utilize High Tech Marketing and Win!
Peek into My Crystal Ball
This is the 3rd time I’ve been involved in a housing crisis in the real estate business. We will be watching for a shift as our economy and interest rates start bouncing back. There are 3 parts to making the most money on the sale of your property.
- Metro Detroit Housing Market Update ~ Live 3-year Market Trends.
- My Blueprint is Your 🔑 to 🏡 Buying & Selling Success~ Education is critical.
- Prepare a marketing plan that influences buyers.~ High Tech Digital Marketing
Have Questions?
If you have any questions, contact us: Chatbot 🤖 at the bottom. Contact me by Email 📩 or my Cell 📲 @ 248-343-2459. Would you mind sharing your thoughts below or what future article you would like to see? Your opinion is important to us…. this site is for you.🤩 To Keep up to date request our 🏡 Chat Newsletter or Follow us on Facebook, Instagram, or YouTube.
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