Thinking of selling your home? If not, maybe you should. According to U.S. News & World Report U.S. News & World Report 2018 may just be the right time for you to sell your home for four reasons:
- Buyers are chomping at the bit: most markets currently have low inventory, which means that buyers are getting a little frustrated at the lack of options.
- Interest rates are currently low: lower interest rates are good for everyone. Rates aren’t predicted to spike this year, but they mayrise to 4.6% by the end of the year and 5% in 2019.
- Cheaper property taxes elsewhere: Due to the passing of the Tax Cuts & Jobs Act at the end of 2017, people may want to move to areas where the property taxes aren’t so high.
- Pay-off for renovations won’t come back in full until next year. Zillow predicts that homeowners will focus on renovations and updates this year rather than selling. If you are considering a remodel make sure that the remodel is one for you and not one you are doing in the hopes of selling your home for more, because it’s unlikely that you will see a return for that investment.
If you happen to be one of the people considering listing your home for sale this year, pay special attention to the last point of the U.S News & World Report where they mention that a few of the things that will kill any deal are clutter, deferred maintenance, and lack of curb appeal.
Let Dollar Self Storage help you with the clutter part. Make your home more appealing to potential buyers by really cleaning it up and decluttering to allow prospective buyers to have the opportunity to imagine what they would do in your space. Storing your items will allow you to quickly clean up and list your home without having to spend the time to sort through everything right now.