Deciding when to sell your home is tough. The great news is that right now is the perfect time to consider selling. Here are the to five reasons to consider selling your home if you live in north Texas.
Interest rates are lower than ever
Mortgage rates are at a historic low, which not only incentivizes buyers to look for a new home, but it will also help you get the best price when you purchase your new home! If you’ve been waiting for the perfect time to list or buy, it may be worth getting pre-approved or explore listing your home.
North Texas has been named one of the best areas to live
With North Texas being listed in several publications as one of the best places to live, there is no better time to explore a different part of the metroplex. Find your dream home on one of the soon-to-be PGA Championship Golf Courses, or get some more land around your home in Prosper or Gunter! Additionally, The toll-road has started it’s expansion through Celina, which means easier and quicker access to Frisco, Plano, and Dallas.
More buyers are entering the market
North Texas has seen an influx of almost 1,000 new residents per day, due to the new corporations moving in, coupled with an affordable cost of living and amazing schools. These folks are looking for a new place to live, and you can help them! This affordable housing is still dramatically less than other states like California, which is having a positive impact on home values.
School is almost out
Spring selling season is quickly arriving, because people can move without disturbing their kids’ school years. Listing before this season gets started means that you will have less competition when buyers are looking at your home. Once Summer hits, the frenzy begins. If you’ve been thinking about moving, the more difficult it gets as summer progresses. Parents tend to make these decisions by early-summer to fully transition before the Fall school year begins. Now is the perfect time.
Worth more than you think
Equity among home owners across the United States hit a record high in the second half of 2019. This means that you could be sitting on a gold mine, without even knowing it. Many sellers are shocked at how much value they are able to get when selling their home. If you’ve lived in the same home for multiple years, you also gain the benefits of additional tax breaks. Now may be the perfect time to explore selling your home, or at least finding out how much your home may be worth!
Some or all of these factors may contribute to you deciding to list or sell your home. The good news is that we’re here to help. We understand how difficult selling your home can be. Feel free to give us a call or fill out a form if you would like to discuss the process in more detail.