Appreciation Is Strong: It Might Be Time To Sell

Talk to a Real Estate Expert today.

Daniel Villacis - Broker

Modern Day Real Estate
Office: (203) 408-3001
Cell: (203) 667-4475

Contact Daniel
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Gabriela Villacis

Modern Day Real Estate
Office: (203) 964-3000
Cell: (203) 962-4006

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Edison Andrade - Real Estate Agent

Modern Day Real Estate
Cell: (203) 609-1229

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Irvin Andrade - Buyers Consultant

Modern Day Real Estate
Cell:(203) 428-1911

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Irving Andrade
Dimitrios Dimitroglou

Modern Day Real Estate
Cell: (203) 856-1834

Contact Dimitrios
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Edward Vilorio

Modern Day Real Estate
Cell: (203) 243-0735

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Modern Day Real Estate

482 Summer Street, Suite #5
Stamford, CT 06901
Call Us at (203) 408-3001

There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment.

Home values have been appreciating for several years now, growing at a strong, steady, and impressive pace. In fact, the average annual appreciation rate since 2012 has nearly doubled the average rate from the more normal market of the 1990s (think: pre-bubble).

Appreciation, however, is projected to shift back toward normal, meaning home prices will likely keep climbing over the next few years, but they are not projected to continue to increase at such a high rate.

Here’s What That Means for Homeowners:

As noted in the latest Home Price Expectation Survey (HPES) powered by Pulsenomics, experts forecast an average annual appreciation rate closer to 3.2% over the next five years, which is more in line with a historically normal market (3.6%). The good news is, there’s still time to take advantage of the current strength of home prices by selling your house now.

Looking at the projections as they stand today, 2019 is slated to drive the strongest appreciation as compared to the upcoming few years. With average home prices still on the rise, the pace at which they are predicted to continue increasing will likely soften by 2020.

Bottom Line

If you’re thinking about selling your house, now is a great time to make your move. Don’t get stuck waiting until projected home price appreciation rates potentially re-accelerate again in 2023. You’ll likely earn the greatest return on your investment by selling now before the prices start to normalize next year.

Talk to a Real Estate Expert today.

Daniel Villacis - Broker

Modern Day Real Estate
Office: (203) 408-3001
Cell: (203) 667-4475

Contact Daniel
daniel-villacis-update
Gabriela Villacis

Modern Day Real Estate
Office: (203) 964-3000
Cell: (203) 962-4006

Contact Gabriela
Gabriela-Villacis
Edison Andrade - Real Estate Agent

Modern Day Real Estate
Cell: (203) 609-1229

Contact Edison
Edison-Andrade-Update
Irvin Andrade - Buyers Consultant

Modern Day Real Estate
Cell:(203) 428-1911

Contact Irving
Irving Andrade
Dimitrios Dimitroglou

Modern Day Real Estate
Cell: (203) 856-1834

Contact Dimitrios
mre-photo
Edward Vilorio

Modern Day Real Estate
Cell: (203) 243-0735

Contact Edward
mre-photo

Modern Day Real Estate

482 Summer Street, Suite #5
Stamford, CT 06901
Call Us at (203) 408-3001

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