A buyers market in Sherwood Oregon is a trading up market because you’re most likely gaining equity.
Here’s why trading up makes since for many people. Illustrated in the diagram I put together below, you can see an example of a current home for sale and a future home to purchase in today’s respective market. This is a good example of what a 5% drop in home prices could look like should you decide to trade up. What you’ll notice is a small loss at the sale can be compensated by a greater savings on the purchase. A significant net gain wouldn’t you say?
With great interest rate opportunities, generous home loan programs, outstanding move up home choices and the first time home buyer tax credit that may bring new buyers flocking to buy your home before the credit ends, this is truly a great opportunity for the savvy homeowner to take full advantage of this historic market and move up!
Contact Jason H. Gardner with The Gardner Team at 971.832.1234 to take a closer look at your specific home selling scenario and what we can do to put you in a better position for your future. Hurry, this shift in the market is narrowing. Now is the time to make your very best move.
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Funny – its like you wrote this blog post based on where we are right now. Looking forward to meeting up tomorrow Jason.
Jeff and Molly
Hi Jeff and Molly – Good timing on my post. We’re glad you came by our blog – Jason is looking forward to tomorrow as well!
Have a great Friday,
Amber Gardner
DiscoverSherwood.com
Eric H. posted his comment to us on http://www.sherwoodrealestatenews.com – It reads…
Amber,
I absolutely believe sellers can and should take this opportunity to trade up. In fact, I sold my home earlier this year and moved up for no other reason than I thought it was a good time. The key is focusing on the big picture and not getting hung up on squeezing every last dime from your current home.
Betty posted her comment to us on http://www.SherwoodRealEstateNews.com – It reads…
With so many buyers making their first home purchase to take advantage of the $8000 tax credit it offers the sellers an opportunity to sell and purchase a larger home. This helps first time home buyers, sellers and the economy.