over 1 year ago
How to Determine Whether it's a Good Time to Sell Your Home
Following a boom period for Bendigo real estate, a price correction is underway thanks in part to the climbing interest rates.
The prospect of moving home comes with so many factors to consider, so if you've been asking yourself, "Is selling my house right now a good idea?", read on for some advice.
Is it a good time to sell?
Have you found yourself in a predicament where you're wondering whether it's best to take advantage of selling at a time when the prices are still high or hold out a little longer?
The truth is, your next move is probably best decided by your own personal circumstances and less by the housing market. For instance, what would your next move be after you sell? If you're looking to buy, rent, travel, move in with relatives or build a new home, you probably have vastly different entries on your pros and cons list. ,
Sometimes we don't get a choice in the timing of when we move house - possibly due to the immediate need to upsize our living space to accommodate a growing family or downsize to tighten up our budget.
If you have time at your disposal, you may find it beneficial to wait until the market rises in order to release more capital prior to retirement.
The truth of the matter
It's important to note that regardless of how the market is situated, at any given time, there will be houses for sale and people looking to buy houses.
There are probably going to be pros and cons of selling your home at any stage, but be sure to do your due diligence in considering all angles to be sure you're making a good decision for yourself and your family.
Making the right decision for you
In order to make an educated decision that will pay off in the long run, get a feel for your local market, as real estate fluctuates so much from suburb to suburb.
Speaking to a leading real estate agent in your area is one of the best ways to gain an understanding of how buyers in your demographic are behaving. They can also provide intelligent strategies to help you drive that dream sale.
Talk to the Bendigo real estate agents you can count on
One of the features that sets us apart from other real estate agents is our signature service and dedicated team. At the core of our commitment to delivering second-to-none customer satisfaction is our Fair Go Guarantee.
With the Fair Go Guarantee guarantee, you are in total control. Typically, agent fees for selling property are set in stone. With Mark O'Shea Realty, however, the price you pay is in your hands.
If you'd like to discuss the Bendigo house market with local experts you can rely on, contact us for an appraisal today. At Mark O'Shea Realty, we know Bendigo real estate inside and out and would love to help you with all of your property needs.
The prospect of moving home comes with so many factors to consider, so if you've been asking yourself, "Is selling my house right now a good idea?", read on for some advice.
Is it a good time to sell?
Have you found yourself in a predicament where you're wondering whether it's best to take advantage of selling at a time when the prices are still high or hold out a little longer?
The truth is, your next move is probably best decided by your own personal circumstances and less by the housing market. For instance, what would your next move be after you sell? If you're looking to buy, rent, travel, move in with relatives or build a new home, you probably have vastly different entries on your pros and cons list. ,
Sometimes we don't get a choice in the timing of when we move house - possibly due to the immediate need to upsize our living space to accommodate a growing family or downsize to tighten up our budget.
If you have time at your disposal, you may find it beneficial to wait until the market rises in order to release more capital prior to retirement.
The truth of the matter
It's important to note that regardless of how the market is situated, at any given time, there will be houses for sale and people looking to buy houses.
There are probably going to be pros and cons of selling your home at any stage, but be sure to do your due diligence in considering all angles to be sure you're making a good decision for yourself and your family.
Making the right decision for you
In order to make an educated decision that will pay off in the long run, get a feel for your local market, as real estate fluctuates so much from suburb to suburb.
Speaking to a leading real estate agent in your area is one of the best ways to gain an understanding of how buyers in your demographic are behaving. They can also provide intelligent strategies to help you drive that dream sale.
Talk to the Bendigo real estate agents you can count on
One of the features that sets us apart from other real estate agents is our signature service and dedicated team. At the core of our commitment to delivering second-to-none customer satisfaction is our Fair Go Guarantee.
With the Fair Go Guarantee guarantee, you are in total control. Typically, agent fees for selling property are set in stone. With Mark O'Shea Realty, however, the price you pay is in your hands.
If you'd like to discuss the Bendigo house market with local experts you can rely on, contact us for an appraisal today. At Mark O'Shea Realty, we know Bendigo real estate inside and out and would love to help you with all of your property needs.
