5 Reasons You Should List Early in 2018

If you’ve been putting off your home sale, what are you waiting for? The time to list is right now, and there are five reasons why.

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I know many people think they should wait until spring to list their home, but I’ve got five reasons today as to why you should list right now.

1. Prices have gone up.  Depending on your location, prices have risen between 3.5% and 5.5% percent. Here in Southern California, they’ve increased significantly. 
2. Inventory is low. In the last several years we’ve had 6,000 homes on the market in Orange County, but right now we have just around 3,900. The market is in desperate need of more listings.
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The market is in desperate need of more listings.

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3. Interest rates are at historic lows. We’re still seeing interest rates ranging around 4%. This means buyers have increased buying power and will be willing to bid for your property against other buyers. 
4. Consumer confidence is high. The economy right now is doing phenomenally and unemployment is currently below 4%. With more money in their pockets due to tax reform, many people are ready to make their next home purchase.
5. Millennials are entering the market. According to a recent study by Bank of America, 64% of millennials have saved $15,000 toward a home and 50% have saved over $100,000. If you price your home correctly, now is a great opportunity to take advantage of this demographic’s entrance into the market. 

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Millennials Are Making a Big Impact

I’d like to offer my congratulations to millennials out there. Here’s why.

Buying a home? Click here to perform a full home search

Selling a home? Click here for a FREE Home Price Evaluation

I’d like to start today by congratulating all the millennials out there. It seems like you’re finally growing up. I recently read a survey that said that 60% of millennials are saving money nowadays, which is 50% more than there were in 2015. 47% of those people have at least $15,000 saved, which is fantastic.

Our typical stereotype of the “lazy millennial” is changing. They’re saving at a nearly identical rate to Generation X, while still trailing baby boomers (75%).

With the economy changing, new jobs and a low unemployment rate has resulted in people being more positive in general. Some stocks have doubled in price and we’ve seen some incredible highs on the Dow as well.

If you have enough saved to buy a home, I’d love to help out.

To all the millennials out there: keep doing what you’re doing and keep saving. If you have enough saved to buy a home, I’d love to help you out. Even if you don’t have the typical 6% to 10% for a down payment, there are programs out there to get you into a home for less.

If you have any questions for me in the meantime or if there is anything I can help you with, give me a call or send me an email. I would love to hear from you.