5 Reasons to Sell This Winter

5 Reasons to Sell This Winter | MyKCM

Below are five compelling reasons to list your house this winter.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Inventory is still under the 6-month supply needed for a normal housing market. This means in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.

Historically, a homeowner would stay an average of six years in his or her home. Since 2011, that number has hovered between nine and ten years. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

Many homeowners were reluctant to list their homes over the last couple of years, for fear they would not find a home to move into. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you decide to sell.

3. Buyers Are Serious at This Time of Year

Traditionally, homeowners think about spring as a great time to list their homes, when more buyer traffic may be out there actively searching. In the winter, however, the buyers who are seeking a home – whether for relocation or otherwise – are serious ones. They’re ready to make offers and they’re eager to move, often quickly. Your house may be exactly what they’re looking for, so listing when other potential sellers are holding off may be your best opportunity to shine.

4. There Will Never Be a Better Time to Move Up

If your next move will be into the premium or luxury market, now is the time to move up. There is currently ample inventory for sale at higher price ranges. This means if you’re planning on selling a starter or trade-up home and moving into your dream home, you’ll be able to do that now. Demand for your entry-level home is high, and inventory in the luxury or premium market is too.

According to CoreLogic, prices are projected to appreciate by 5.6% over the next year. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and in your mortgage) if you wait.

5. It’s Time to Move On With Your Life

Look at the reason you decided to sell in the first place and determine whether it’s worth waiting. Is money more important than being with family? Are you ready to go on with your life the way you think you should?

Only you know the answers to these questions. You have the power to take control of the situation by putting your home on the market this winter. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

Looking to Downsize?

5 Reasons to Consider Living in a Multigenerational Home | MyKCM

Are you one of the many homeowners that are looking to downsize? We have many clients patiently waiting for the perfect new home to hit the market. Most of these clients are in similar situations. They are looking to downsize but require a home with a first floor master suite.

Check out the list of condos available with first floor master suites.

https://m.facebook.com/story.php?story_fbid=2375351835925721&id=164924470301813&sfnsn=mo

If your interested in obtaining a custom list based on your specific criteria please don’t hesitate to reach out.

Visit: http://www.HomeCraftTeam.com

Or

Call, Text, or Email-

734.718.8668 or Robert@HomeCraftTeam.com

Robert A Yoder

November in Downtown Plymouth

So now that Halloween is over and the weather is getting colder it’s time to start putting all the winter holiday events on the calendar. I love this time of the year as the homes will start getting decorated for the holidays plus so much going on in the local area.

On Friday, November 9, Downtown Plymouth will be hosting their Boulevard Tree Lighting hosted by the Plymouth Salvation Army Red Kettle Kick-Off. This event takes place at 6:15 p.m. in Kellogg Park. Give yourself a reason to head Downtown and enjoy the holiday season. Just a few of the upcoming November events are on the schedule below.

If you are looking for a date night or want to entertain the little ones with something special then try any of the events below.

Friday, November 9- Boulevard Tree Lighting
Sunday, November 18- Kona Chocolate Run
Friday, November 23- Santa Arrives to Plymouth plus start of Walk of Trees

For more information on any of these events check out: http://www.plymouthmich.org/events.html

Best ways to build equity in your home

Photo by Binyamin Mellish on Pexels.com

This past week I was talking to clients about some of the best ways to build equity in their current home. Many of us don’t think about the impact that our home makes on our net worth. One of the best tips to build equity would be to pay one extra house payment per year to almost cut the length of your mortgage in half plus avoid the huge interest payments. To find other ways to break the chain follow the link below:

6 ways to build equity