Just as a summer day can go from dark and stormy to bright and sunny in no-time, the variables in real estate that affect the value of your home can also wax and wane. Inventory, interest rates, the economy and, of course, timing can be as unpredictable as the weather.
Now more than ever it is important to prepare for a changing forecast in real estate.
Right now prices are strong and market conditions are favorable for sellers - inventory is low and homes are selling fast. But like the weather it won't last forever, and you could end up missing the opportunity to sell your home in these conditions.
The first step in deciding whether selling is the right move for you is to understand what your home is worth in the current market. Then, armed with information and guided by a professional real estate team, you can map out a plan of selling that won't leave you caught in the rain (or with a sunburn).
In case you missed the previous posts with the Arlington and Medford market reports, below are The Home Advantage Team (HAT) reports of home sales for the past three years in Arlington and Medford. But these prices below do not depict the value of your home.
To understand these changes in home values, and what this means for the value of your home specifically, call Steve McKenna & The Home Advantage Team today for a FREE and CONFIDENTIAL market analysis (firstname.lastname@example.org, 781-645-0505).