Thursday, December 5, 2024

Is It The Right Time To Sell My Old Home And To Buy A New One?

 Is It The Right Time To Sell My Old Home And To Buy A New One?

Shared by realtor Li Li Hwang



1. Is it even a good idea to move right now?

As Dr. Selma Hepp, Chief Economist at CoreLogic, explains:

“Persistent home price growth has continued to fuel home equity gains for existing homeowners who now average about $315,000 in equity and almost $129,000 more than at the onset of the pandemic.”

2. Will I be able to find a home I like?

 


And even though inventory is still below pre-pandemic levels, this is the highest it’s been in quite a while. That means you have more options for your move, but your house should still stand out to buyers at the same time. That’s a sweet spot for you.

~ Above images and data provided by KCM ~


Bottom Line 

Please call LiLi if you have any questions about our local market or to learn more about our risk-reversal performance guarantee. We’re here to enhance your lifestyle and help you achieve your real estate goals.


 
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Your Local Real Estate Broker | Li Li Hwang | DRE# 01059188 | TEL: 909-910-1188 | 34 years of experience helping clients realize their dreams.

Your Home Sold Guaranteed Realty LiLi Hwang Team |DRE# 02210675 | TEL: 909-710-6788 | Rancho Cucamonga |CA 91730

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