Wednesday, December 1, 2021 / by Carolyn Sanchez
Is 2022 the Year to Size-Up Your Home?
2021 was another year for change. Many lifestyle adjustments and plenty of time at home. During that time, you may have started to think about how much your current home suits your needs, even if you thought at one point that the home you’re in could be your forever home.
Last year impacted the needs of many in a variety of ways, and it’s okay to recognize that the home in which you currently live might not fit your lifestyle now. If you’ve turned a room in your home into a makeshift office or school space, you’re trying to exercise at home, or you are just spending more time in your own four walls than you ever expected to, you may be ready to move onto something bigger.
With an inventory drop of 22% over the last year and home price appreciation at 18.6% and is predicted to increase another 21%, it has never been a better time to sell. Inventory has decreased and demand has increased, which has driven prices have been driven up. This is great news if you are a homeowner and you’re thinking about selling. Your home equity has likely risen as prices have increased and there’s a large pool of buyers searching for the perfect home.
If you can relate to all of the above and are weighing your options when it comes to selling and finding a bigger space, let’s chat today.