Posted 4.29.13 @ 13:0
Like the old saying goes, “What goes up must come down”; while the new mortgage rules have pretty much eliminated the possibility of an American style housing crash, the boom period for a lot of GTA real estate is coming to an end. There are many homes on the market right now that are going for anywhere between $500k and $700k, so if you’re an owner now may just be the best time to sell your home.
More First Time Buyers Out This Spring
More and more first time buyers are coming out this spring to buy homes, and if you’re considering selling your Oakville real estate now may just be your time to shine. With interest rates at near all-time lows, you’ll find more and more people out trying to find a great place to live. If you want to get listed where other realtors look, places that buyers are trying to find homes, you’re going to need our help. When you hire us as your luxury Oakville realtor we’ll help you get listed and noticed, pricing your home just right so you can move from selling to sold in no time flat.
Why Are Low Interest Rates so Important?
The lower the interest rate, the easier it is for people to borrow – you need access to cheap and easy credit for a housing boom to even take place. You’re going to need to take advantage of low rates while they’re still there. But the easier it is for them to buy a home the easier it is for you to buy a home; the last thing any home owner wants to do is get a bridge mortgage to try and buy a new home. Getting top dollar for your home is always the ideal situation, and we’ll help you get there.
Some Homes Have Tripled in Value
Some homes in Canada have tripled in value compared with prices between 2002 and 2012, which means that you may be able to get a really good return on your investment – but the goal needs to be to recoup a little, not a lot. If you’re trying to get the highest price every time to sell your home you could end up not selling it all, turning down perfectly good offers when you could have already moved into your new home. Don’t lose sight of the goal: selling.
Is it the Right Time to Sell Your Home?
You’ll want to ask yourself if now is really the right time to sell your home; should you do it now, or should you wait until the market goes a little higher? Do you even want to sell your home, are you ready to? Just because you can make a good profit now may not mean that it’s the time to sell, and you’ll want to think about why you want to sell in the first place.
If you are ready to sell, give us a call – we’ll help you sell your Oakville real estate and find a new place to call home.