1) Your home may be more valuable. National home values are expected to increase by 5% year-over-year from June 2013 to June 2014, increasing to levels last seen in August 2004!
2) The increased competition among buyers may mean that your home will sell for closer to or above its asking price. Quality inventory is considered very low in many areas on San Diego. Experts predict that higher mortgage interest rates may boost demand as more homeowners are driven to buy before the rates get higher – making competition for your home even greater.
3) Your family or life situation may have changed. Growing families may need more space than couples or families with grown children. If your home no longer fits your needs, it may be time to sell it and buy one that does.
If you have been thinking about selling your home and are ready to take the plunge, contact me today for a complementary market analysis of your property's worth, and I'll work for you to ensure you get the highest net with the least risk and hassle to you.
krista bell, REALTOR®
619 209 9953
Sources: New York Times, Wall Street Journal
Thanks to Buffini