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    Selling your home in a HOT housing market? Important info you need to know.

    Portland Real Estate_tug-of-warIt’s still a competitive real estate market in Portland and surrounding areas.

    Homes are selling fast and for top dollar, which is great news for home sellers. Yet some sellers are still hesitant to put their homes on the market.

    Why? They’re worried that they’ll have to overpay for their next home. Or worse yet, their current home will sell so fast that they won’t be able to find another home in time.

    So what do you need to know to sell and buy your next home with confidence?

    First, understand that, while the cost of your next home is likely much higher than it was two years ago, so is the selling price of your current home. So even with the increase, you will still NET a lot more from your sale in today’s market.

    Second, mortgage rates actually have a bigger impact than home prices on the true affordability of your home. Selling high and buying NOW, while mortgage rates are still low, will ensure you get the best deal. Don’t wait until mortgage rates increase … that’s when buying your next home will get really expensive.

    Third, and most important, when you work with an experienced real estate agent, they will employ various strategies and tactics to help you find and GET your next best home.

    If you’re thinking about selling your home but you still have more questions, please don’t hesitate to give us a call. We’d love to help you make the best decision for YOU.

    Call Jaimy today: 503-502-3330.

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