Is It a Good Time to Sell a House, As Home Prices Would Suggest?

Dated: April 7 2021

Views: 116

You might not be getting out much, but have you noticed home values lately? On the heels of a gangbusters year for housing, Americans are house-rich. A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide.

But as home prices across the country surge, so do intense waves of coronavirus cases. Complicating matters further, the pandemic home buying rush has left inventory severely depleted. While you could sell your house at a premium, some sellers will find that they’ll have nowhere to go as supply levels reach all-time lows. Others may still feel skittish about listing while infection rates remain so high.

So is it a good time to sell a house, or will the move leave you in the lurch? 

Contact me and I will show you the value of YOUR home and help you all the way. 

Blog author image

Roger Engstrom

Your home is your greatest investment and your satisfaction is the ultimate reward for my work. I am a REALTOR® dedicated to achieve results and provide exceptional service. If you are in the mark....

Latest Blog Posts

1473 SW 4th Court, Boca Raton

See my latest listingUse this link to see a video preview

Read More

What Does It Mean When a House Is Under Contract? Pending? Contingent?

In this article:What does it mean when a home is under contract?What does it mean when a home is pending?What’s the deal with contingencies?How does the real estate transaction process

Read More

See all my listings

Check out all my listings and find your DREAM HOME ALL MY

Read More