As the price for homes for sale in Summerville continues to rise, some of my clients have wondered “Did I sell my home too soon?” When it comes to selling their home, everyone wants to get the best price possible. Timing in the real estate market is a huge factor in determining the value of a home, so it is understandable to think this through when you sell your Summerville home. However, “paralysis by analysis” is a very real thing in these types of situations. Most of us that have been buying and selling real estate for over 25 years have seen the following trends…
Trend One: The Housing Market is Unpredictable
Similar to other investments, the housing market fluctuates and moves considerably from one year to the other. Real estate agents and local economists can forecast and predict what the market will do, but at the end of the day, an economic crisis could happen, natural disaster could depress an area or something else could change the value of your home. Keep your long term goals in mind and sell your Summerville home when it is right for you.
Trend Two: As you wait, the price of homes around you are rising as well
I have many clients that are selling their long term family home and downsizing. If they wait another year or two, they could potentially make more on their home for sale in Summerville but the houses around them are also going up in value and they will have to pay more for their future home. In reality, if your home is going up in value, more than likely the home you want to buy is as well.
Trend Three: You Sell When It is Right For You
In the grand scheme of life, the best time to sell your Summerville home is when your family needs it. Whether you are preparing for a new family member, want to move closer to work, downsize etc…these are all personal and individual reasons. Moving when it is best for you and your family is the wisest choice.
Over the past 25 years in real estate and seeing over a thousand families move, I have seen this truth over and over again…Your family’s stability and happiness matters more in the grand scheme of things then if you were able to make a bit more money on the sale of your home in Summerville.
If you own a home in Summerville you can enjoy these fun activities with their little people most of the year! If you want to buy a home for sale in Summerville so you can do these fun things and much more, let me know!