Oct
21
Buying up? now’s the time! Move your family to a larger home now!
Posted by Guy Lofts under For Sellers, General Information, realestate expertise, Market, Success, Financing, Ask a REALTOR, home selling
So you heard the market is bad? Not a good time to move? Yet your family is growing! you could really do with a larger place.
Believe it or not, this could be the best ever time for you to move up. (when i say best time ever i mean in 15 years anyway).
Interest rates are low, home choice is plentiful, you have a good choice of move up homes available at a best time in years.
So what about your current home? Depending on location. Whether down town Madison or Isthmus, West, East, Monona, Middleton or Verona etc, your home will be priced 5-15% less than it could have sold at the peak. But if it is priced correctly, (and that is where you need a dedicated professional, - not some part timer) - your home will sell.
Moving up to a larger home, you will achieve a larger discount on the higher price and so your “buy up” price will be less than in a better market. And low interest rates will make your step up even more affordable!!
see the simple illustration below.

Now is a great time to buy up!!
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