Current property value estimates aside, if you’re 100 percent honest with yourself, you’ll realize that there really is no such thing as a good time to sell your home. This is, however, more of an emotional than a practical issue. Letting go of a home and a neighborhood you love can be difficult for you and your family, but if you wait too long, you might miss out on the best chance to put your home on the market.
As far as real estate reports show, things are looking up for Sacramento home sellers if what they’ve been waiting for was a stable market:
Home values in Sacramento have hit a stable patch, leveling out at prices that make sense given area incomes, rents and other basic economic factors, several experts said last week.
Economists and real estate experts said the fact that the median home price in Sacramento has leveled out in past months, despite low supply and steady demand, means it probably won’t be going up as dramatically as it did in the past two years.
Homes that are priced well may still receive multiple offers, but buyers are cautious and generally won’t bid much over a house’s asking price, he said.
“People are not willing to overpay now that the market has corrected itself,” he said.
Timing the sale of your home when market conditions are right is one thing; making sure your home is ready for close scrutiny is another. Will your property get noticed right away? One way to guarantee this is by boosting its value with the help of a Sacramento bathroom remodeling contractor. Along with an updated kitchen, a beautiful bathroom is a huge selling point among house hunters.
If you’re ready for a remodel, get in touch with Yancey Company. They are a family-owned contractor that has been in the home remodeling business as early as 1939. With Yancey Company at the helm, you can trust that your bath remodeling in Sacramento will be in experienced hands. Their skilled technicians and project managers will be with you every step of the way, so you won’t have to worry about any nasty surprises.
(Article Excerpt from “Home values hit stable patch in capital region”, The Sacramento Bee, April 6, 2014)
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