Have You Outgrown Your Home?

    Have You Outgrown Your Home? | MyKCM

    It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.

    The good news is, it’s okay to admit if your house no longer fits your needs.

    According to the latest Home Price Insights from CoreLogic, prices have appreciated 3.5% year-over-year. At the same time, the National Association of Realtors (NAR) reports inventory has dropped 4.3% from one year ago.Have You Outgrown Your Home? | MyKCMThese two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.

    This is great news if you own a home and are thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.

    Bottom Line

    If you think you’ve outgrown your home, let’s get together to discuss local market conditions and determine if now is the best time for you to sell.

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    We speak North West. We speak Real Estate.

    Jeff Costello was our agent who assisted us in purchasing our condo in 2014. We were very pleased with Jeff’s advice regarding our offer to the seller and we were thrilled to secure the home of our dreams. Jeff worked hard on our behalf and we were happy to recommend him to our son and future daughter-in-law, who also put their trust in Jeff and his team. Jeff expertly guided them through their first home purchase and they are now pleased to be home owners. We have two other children who will b…
    Kris T., Issaquah