Joint Base Charleston Real Estate

3 Reasons to Sell Your Joint Base Charleston Home Now

July 28th, 2016 4:03 PM by Jodie Ford

3 Reasons to Sell Your Joint Base Charleston Home Now

Thinking about selling your Joint Base Charleston home?  Here are 3 reasons why you should now:

1. Inventory is low: Supply and demand is always in control in a marketplace unless there is undue interference by government. Inventories of both new and existing homes for sale are low right now. Low supply usually creates upward pressure on prices. Many studies and surveys are also showing that buyers are returning to the market, though more of a stream than a river of demand. However, combine low inventory and increasing demand, and you may get more for your home than you think.  We are here to help you figure out what price tag to put on your Joint Base home. 

2. Mortgage rates are low: Whether you believe that mortgage rates are going up soon or not, many would-be buyers are concerned that they will lose buying power if they wait too long. It helps sellers when buyers can afford more home due to low mortgage rates. There’s the other side of this coin as well. If you sell now with the plan to buy right away, you’re getting the same low interest rate advantage. The money you take away from your sale, though possibly somewhat lower than if you wait a while, will go farther in financing another Joint Base home.

3. Some markets scream sell: If you own in an established area with a history of stability and high demand, it makes a difference. Charleston could not be a better example of this.  Real estate is local, and while national influences bear on prices, the right location can make a major difference in your cash out on a sale. On average 48 people move to Charleston daily.  Can you blame them?  

Posted by Jodie Ford on July 28th, 2016 4:03 PM

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