Now Is Still A Good Time To Sell
| Now is still a favourable time to sell even though interest rates have gone up this year. In the past when rates have risen by a percentage point or more, home values have continued to appreciate. Most homeowners believe that when interest rates rise the value of their homes goes down. Yet historically, home values have continued to rise despite small increases in the interest rate. Home prices have remained steady since November. This is despite the riots in July last year and the floods in KZN. So you still have a good opportunity to list your home and capitalize on today’s property values. Also, when you sell you can use the capital to upscale or downscale. This gives you the ability to buy another home. So now is still a great time to sell, since the demand for properties is still strong. If you are ready to find out what your home is worth, please give me a ring. |
