This Might Be the Best Year to Sell Your Home
If you're considering making a move in the future, here are 4 reasons why 2019 might be the best time to sell.
1. Interest rates are still historically low.
It's a great time to purchase a new home because mortgage rates are still very low. We're happy to connect you with lenders who will give you low rates and a clear picture of your purchasing options.
2. You have high equity in your current home. If you own a home in the greater Boston area, odds are that your home has increased in value since you purchased it. That means you've got more equity in your home than you may realize, and now might be a great time to sell and put that equity to use. Click here if you'd like to know what your home is worth in today's market.
3. There is a lot of demand. As you've probably heard, there are plenty of buyers looking for homes in Greater Boston. Our area is attracting more people, so leverage that demand and strike while the iron is hot!
4. Selling now might be better than waiting until 2020. No one can predict exactly how the market will behave in the future, but real estate experts are predicting that the market will begin to cool at some point in the next few years. Additionally, many municipalities in our area are looking at ways to increase the number of available homes, which will also cause the market to level off.
That's why 2019 might be the best time to sell your home! Contact Dwell360 today to learn more.
Dwell360 is an elite residential real estate firm based in Newton, Massachusetts, servicing the cities and suburbs of metro Boston. Dwell360 is a leader in in luxury real estate throughout the Boston, Brookline, Newton, Needham, and select other communities of metro Boston. Search for homes in Massachusetts or give us a call!
Sources:
Freddie Mac. Primary Mortgage Market Survey. Retrieved on May 9, 2019 from http://www.freddiemac.com/pmms/
Reiss, Jaclyn. (April 22, 2019). How population numbers in Boston and Massachusetts changed over the past 8 years. Retrieved from https://www.bostonglobe.com/metro/2019/04/22/how-population-numbers-boston-and-massachusetts-changed-over-past-years/9ph6dKSuYuKvMAOPmfTV8I/story.html
Orton, Kathy. (January 7, 2019). Experts weigh in on what the 2019 housing market will bring. Retrieved from https://www.washingtonpost.com/business/2019/01/07/experts-weigh-what-housing-market-will-bring/?utm_term=.9ef5a3db6041
Acitelli, Tom. (March 27, 2019). Boston’s housing crunch: 10 solutions either under consideration or underway.
Retrieved from https://boston.curbed.com/2019/3/27/18282102/bostons-housing-crisis-solutions
