Home Sellers Best Time to Move Up is Now

Move Up home sellers

Best time for sellers to move up is now at Orange County CA real estate.

Selling prices have gone up during the past twelve months – with lots of motivated buyers – and limited number of listings, which resulted in markets now favoring sellers.

Sellers at Orange County should get off the sidelines to list and sell homes now – while taking advantage of higher selling prices and home buying at the next level with excellent mortgage rates.

SELLERS ADVANTAGE ON MOVING UP

Example:  If a homeowner wants to upgrade and move up from a $500k home to an $750k home – and if he waits one year for prices to go up ten percent – the $500k home would be $550k, and the $750k home would also be $75,000 higher – now at $825,000.  So the seller would lose $25,000 by waiting to sell and move up.

LOW MORTGAGE RATES ARE TEMPORARY Mortgage rates have remained near all-time lows and are still excellent. 

But these rates are temporary and will not last.  Expect U.S. Government’s continued putting money into markets will eventually lead to inflation and higher mortgage rates.

Our advice to those who want to move up to a nicer or larger home is to ACT NOW – hire an experienced Realtor and real estate professional who will get your property on the market as soon as possible.

Use your HOME SELLERS ADVANTAGE to list and sell quickly – then buy your next home while using some of the best mortgage opportunities in years. 

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 Source of some information is Steven Thomas at ReportsOnHousing.com.    

Posted via email from Explore OC Homes

About Harrison K. Long

Professional real estate representative, Real estate Broker associate, HomeSmart Evergreen Realty. CALBRE #01410855 - Helping property owners, estate trustees, executors and administrators, fiduciaries, bankers, and investors, with listing and sale of properties - and with their best decisions about homes and real estate - Orange County Association of REALTORs, member and prior service on its board of directors. California Association of Realtors, now serving on its board of directors. GRI designation. National Association of Realtors, member since 2004. Attorney member of the California State Bar Association #69137. Contact us at 949-701-2515 (cell or text). ExploreProperties@gmail.com.
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