Are you Considering Downsizing Your Home?
With real estate inventory at record lows and prices at record highs, many homeowners are considering selling. Many potential sellers have been holding out because of the pandemic and its fallout. On the buyer side, many would-be buyers became highly motivated at the same time.
As the famous U.S. statesman and financier Bernard Baruch was known to say, “Nobody ever went broke taking a profit.”
Like me, you may have lived through multiple market cycles. The only thing that never changes is that everything changes. This moment in time may be a unique opportunity for sellers to capture the most equity they have ever had. And it won't last forever.
If you would like to confidentially discuss your situation in detail with no pressure ever, please feel welcome to contact me. Since 2002, I've built my real estate agent business and my reputation by helping hundreds of people over the long term.
Why Sell Now?
- Prices are at highs that we haven't seen since the last bubble peaked, 15 years ago.
- If you miss this peak, you may not have a chance to capture this much equity again until the next peak.
- Once other potential sellers realize that the market has peaked, there will be many more competing properties on the market.
- When inventory rises, or interest rates rise, or foreclosures increase, or any negative unforeseen event hits, the market psychology may start to shift. It can happen quickly.
- As famously said by the American statesman and financier Bernard Baruch, “Nobody ever went broke taking a profit.”
- There may be more choices for replacement properties with your new financial situation when you convert your equity to cash. Maybe you would like an Ocean View Condo or a Condo with a view of the Intracoastal Waterway.
- If you can tolerate an extra move, it might be a good time to sell and rent until the market cools off.
Why Not Sell Now?
- You're happy in your current home and don't care about capturing your equity.
- You can wait it out until the next market peak in 5 to 10 years or longer.
- You're considering a move in the same or higher price range and don't want to be a buyer in the current market.
- You're a gambler and want to ride the wave a little longer.
- You absolutely hate moving and will stay put as long as you can.
- You don't have enough equity in your home to move. You may have more than you think. I'm happy to provide a no-obligation evaluation. (If you're in a distress situation, we can confidentially discuss your options and I can provide referrals.)
If you would like to better understand your home's value and search for properties to replace it, please feel welcome to contact me for a confidential, no-obligation consultation. I've helped lots of people buy, sell, and invest. You can view a sample of testimonials from my hundreds of happy clients here.
If you would like to have a custom home search built, just ask. Here is a page with examples of home searches that are already built, but not as specific as a custom search to your preferences:
Communities
Search Boca Raton Listings: Search the MLS Listings in Boca Raton
Search Delray Beach Listings: Search the MLS listings in Delray Beach
Search Highland Beach Listings: Search the MLS listings in Highland Beach Florida
Boca Raton Mizner Park Area Homes for Sale: Search Homes for Sale Near Mizner Park in Boca Raton
Homes Near Downtown Delray Beach
Boca Raton Foreclosures, Short Sales, and Distressed Properties: Search the MLS for Distressed Properties, Short Sales and Foreclosures in Boca Raton
Boca Raton Condo Foreclosures and Short Sale Condos: Search for Short Sale Condos and Condo Foreclosures in Boca Raton
Delray Beach Foreclosures and Short Sales: Search for Short Sales and Foreclosure Homes in Delray Beach
Delray Beach Condo Foreclosure Listings and Short Sale Listings: Search for Condo Foreclosures and Condo Short Sale Listings in Delray Beach
Highland Beach Foreclosures and Short Sales
Short Sales and Foreclosures in Highland Beach
Coral Springs Foreclosures and Coral Springs Short Sales
Short Sales and Foreclosure Homes in Coral Springs
Parkland Foreclosures and Parkland Short Sales
Short Sales and Foreclosures in Parkland
Boynton Beach Foreclosures and Short Sales
Short Sales and Foreclosures in Boynton Beach
Wellington Foreclosure Listings and Short Sale Listings
Short Sales and Foreclosures in Wellington
Boca Raton Rental Homes: Search the MLS for Rental Homes in Boca Raton
We will build a custom search to match your preferences and price range. All you have to do is ask!
Search Boca Raton Listings: Search the MLS Listings in Boca Raton
Search Delray Beach Listings: Search the MLS listings in Delray Beach
Search Highland Beach Listings: Search the MLS listings in Highland Beach Florida
Boca Raton Mizner Park Area Homes for Sale: Search Homes for Sale Near Mizner Park in Boca Raton
Homes Near Downtown Delray Beach
Boca Raton Foreclosures, Short Sales, and Distressed Properties: Search the MLS for Distressed Properties, Short Sales and Foreclosures in Boca Raton
Boca Raton Condo Foreclosures and Short Sale Condos: Search for Short Sale Condos and Condo Foreclosures in Boca Raton
Delray Beach Foreclosures and Short Sales: Search for Short Sales and Foreclosure Homes in Delray Beach
Delray Beach Condo Foreclosure Listings and Short Sale Listings: Search for Condo Foreclosures and Condo Short Sale Listings in Delray Beach
Highland Beach Foreclosures and Short Sales
Short Sales and Foreclosures in Highland Beach
Coral Springs Foreclosures and Coral Springs Short Sales
Short Sales and Foreclosure Homes in Coral Springs
Parkland Foreclosures and Parkland Short Sales
Short Sales and Foreclosures in Parkland
Boynton Beach Foreclosures and Short Sales
Short Sales and Foreclosures in Boynton Beach
Wellington Foreclosure Listings and Short Sale Listings
Short Sales and Foreclosures in Wellington
Boca Raton Rental Homes: Search the MLS for Rental Homes in Boca Raton
We will build a custom search to match your preferences and price range. All you have to do is ask!
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