Friday, January 4, 2019

Reasons to Consider Selling your Home in 2019

2019 is the golden year for selling your home if you are planning to sell it. This year will be great for acquiring the best price on your property. The growth on home prices has slowed down from mid-2018. It is forecasted to gain momentum with a better increase in prices while putting your houses on sale in 2019.

If you are still making up your mind on putting up your house on sale, then consider selling it this year itself, without any delay. There are many real estate lawyers and agents who are recommending this, here are a few reasons why.

1. Entry of new buyers in the market

The largest number of buyers in the real estate market has to be the millennials. They are the ones who will be buying their own houses for the very first time. Based on the recent Harris Poll survey conducted upon 2000 U.S. individuals among the age group of 18 to 34-year-old, about one-fifth of the whole group plans to buy their own home in the next 12 months. Due to this, you will have a quality and quantity inflow of buyers who are willing to take off your homes from your hands.

2. Favourable interest rates

The interest is the highest since February 2011. For people getting sad, we would like you to know this is still less than the highest interest recorded in 1981 with 18%. Thankfully, the current rate is going to remain steady and is not likely to cause any fluctuations. As there is no uncertainty regarding the rates going lower or higher at least for this year, so 2019 is the ideal year for buying a new house.

3. Choose 2019 and not 2020

There are many who are predicting that the next recession is going to hit in 2020. For this, 2019 becomes ‘the’ year to sell your house if you are willing to fetch higher returns. Recessions can affect your home’s value as the people might not be in a good financial situation to pay.

Get your Home’s Legal Documents in place!

Before you move forward, you need to go through title clearance with the help of a real estate lawyer. For this, hire the best real estate lawyer in Bonita Springs with Hale Law Services, P.A. Call us at 239-931-6767 to book an appointment today!

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