There's no denying the real estate market has changed since this time last year; as is the nature of all markets it will continue to have highs and lows. This has lead many to question whether or not it's still a good time to think about selling their home in Idaho. To help ease concerns you may be having about the current real estate market we've put together some of the top questions to consider when thinking about selling.
Should I wait to sell?
Well, no. Not really. While inventory has gone up slightly in some cases, buyers are still not finding a ton of selection - and that works in your favor because it means your home will have less competition for their attention. Particularly if you have a unique mountain property, or something a little different than everyone else is offering.
Is there still demand?
In a word, yes. Once known as the 'rent-generation' younger buyers are hitting the market every day - millennials are some 80 million strong in the buyer market right now and are set to bring more purchasing power to the market as time passes.
Can I afford to buy?
It can be a worry when you see home prices climbing. Can you afford to buy your next place after you sell your current home? Don't let it worry you - you very likely have more equity in your home than you realize, and that equals buying power on your part.
Not sure where to start? Even if the time is right?
Garden Valley Properties is here to help! We're familiar with every facet of the Idaho real estate industry and specialize in some of the most stunning mountain living in the country! Call or message us today to see how we can help.