A record 692 homes were sold in the Chester County market over the last 30 days, which is a new high going back to September. This is a 9.8% jump and comes on top of an extended 13-week steady increase in sales activity.
Yes my friends, the market is hot, hot, hot! With interest rates at an all time low for buyers, the market has turned into the hunger games (not kidding!), and home sales are skyrocketing in prices. In such a high demand, seller's market, homes are selling for record breaking prices, which means more money in your pocket. If you have been considering selling your home, doing so in today's market will bring you a larger sales price. My advice? Don't wait for the market to shift when interest rates begin to start going up again. The National Association of Realtors has gathered data to predict a strong 6 months of sales throughout the United States. And with such a large group of buyers hunting for homes during the summer months, you have a great potential to sell your home quickly, and move on to bigger and better things sooner.
This is also a great buying opportunity if you are wanting to transition into a new home. Low interest rates equate to more savings. You could potentially end up getting a bigger home for the same monthly payment cost when you buy your next property.
If you are thinking about selling but don't know where to start, contact me for a complimentary CMA. See if the numbers work out for you and/or your family, and if moving is something you want to do. Whether you are re-sizing, or moving to a different state, I can get the numbers in order to make sure it's in your best interest to transition in today's market. Don't wait and lose tens of thousands of dollars in your sale price!