The Winter 2022 edition of the Home Sellers Guide seasonal series, includes many tips such as Why To Sell This Winter, What Does the Future Hold for Home Prices, Using Your Equity To Make a Move, Save Time and Effort by Selling with an Agent, and much more.
What is inside the Home Sellers Guide Winter 2022
WHY TO SELL YOUR HOUSE THIS WINTER
If you’re trying to decide when to sell your Vero Beach house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move.
Right now, here in Vero Beach we’re still in a sellers’ market, which means conditions are very favorable for current homeowners looking for a change.
If you sell now, data shows you can expect:
- Your House Will Stand Out
- Your House Will Likely Get Multiple Offers
- Your House Should Sell Quickly
WHAT DOES THE FUTURE HOLD FOR HOME PRICES
You may be thinking of moving because you’ve heard about how you can benefit from today’s rising home prices. According to the Home Price Insights Report from CoreLogic, nationwide, home values increased by an impressive 18% over the last 12 months. This is great news if you’re ready to leverage your equity and make a move this season.
The dramatic rise in home prices is a direct result of more buyers in the market (demand) than houses available for sale (supply). When demand is high and supply is low like it is right now, prices naturally rise. That means sellers have the perfect opportunity to close the best possible deal by selling this winter.
The chart below shows 2022 price forecasts from various industry experts. The average of these projections indicates 5.1% home price appreciation in 2022. While this isn’t the record-breaking rate of over 18% appreciation from the past year, it is a continued increase, just at a slower pace. This means experts forecast a deceleration in prices, but not depreciation. So, home prices are projected to continue increasing next year, and that’s a direct result of low supply and high demand
The Vero Beach real estate market also follows the same pattern. Get the Vero Beach market insights here.
USING YOUR EQUITY TO MAKE A MOVE
According to the latest data from CoreLogic, the average homeowner gained $51,500 in equity over the past year, and that number continues to grow as home values appreciate.
So, if you’re thinking of moving, don’t forget – you may have more equity in your current house than you realize, and that equity can take you places.
SAVE TIME AND EFFORT BY SELLING WITH AN AGENT
Selling a house is a time-consuming journey – especially if you decide to do it on your own, known as a For Sale By Owner (FSBO). From conducting market research to reviewing legal documents, handling negotiations, and more, it’s an involved and highly-detailed process. Here are a few things you should consider before putting that For Sale sign up in your yard.
- Make a Good First Impression
- Maximize Your Buyer Pool
- Understand the Fine Print
- Navigate Negotiations
- Price It Right
Selling your Vero Beach house on your own is time consuming and requires an immense amount of effort and expertise. Before you decide to sell your house yourself, let’s discuss your options to make sure you get the most out of your sale.
For more information on how to sell your Vero Beach house for the shortest possible time and net the most money get a copy in this FREE Winter 2022 Sellers Guide by completing the form below.
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