As a homeowner, and a prospective seller, you may be wondering if now is a good time to put your home on the market.
- But how can you tell if the market is in your favor at this time?
- Will you lose money or make money?
- Is it a "sellers market"?
These are all very important questions. And
the answer is in the market statistics.
As a seller, one of the first things
you must evaluate is the desirability of your location. Market conditions are extremely localized statistics. While the national economy and housing market tie every area of the country together to a certain degree, markets and their conditions range widely from state to state, community to community, and even neighborhood to neighborhood within a community.
You must ask yourself, and your real estate agent, "Is my neighborhood up and coming or has it already come and gone?" If you live in a neighborhood that is highly desired due to its school system, local amenities, or even status and prestige, then you may find yourself in a continual sellers market, where you will always be in the advantage.
A great place to start your research is...
Read more...
Share the wealth:
Stay Informed. Stay Connected.
Become a Fan!
Follow Us!
Stay Tuned In!
More on the Backyard Wealth Blog!
You need to be a member of Real Estate Investing - Investment Articles Forum Tips Clubs to add comments!
Join Real Estate Investing - Investment Articles Forum Tips Clubs