It's a Move Up Market

“It’s a Good
Move-Up Market”

There's this perception that people wait for a good market to sell their homes. Most people buy or sell because of major events taking place in their lives: births, deaths, marriage, divorce or a job change; no matter what the local real estate market is doing. In today’s market you may not get as much for your house as two years ago, but when you buy another property, it's not going to cost as much now either— thus it's a good move-up market.

Is now a good time to buy?…Yes, anytime you can get in to the real estate market, is a good time. The San Francisco Bay Area, over the last 20 years of major ups and downs has appreciated, on average, over an 8% return on the investment. So, if you plan to both buy and sell in the same market, it doesn’t matter what cycle we are in because it is all relative. You may sell for less but you are also buying for less. You’ll get a better deal right now if you are buying but, with the right Realtor, you can still get a great deal out of your property for sale too.

Are you planning to downsize or move up? Let us help with your buying and selling needs, we can provide a free analysis of homes in the area and price range you’d consider buying or selling in. OR call…(831)786-2502 (we work with a network of Realtors through Leading Real Estate Companies of the World in most locations worldwide to help you find the best Realtor in your area or the one you are interested in).

Question of the week? What is the longest you've seen a house for sale on the market for?