Find Your Home!

Saturday, November 24, 2012

Buy, Sell, Hold? What to do in a changing market?

The real estate market is changing.  But, as real estate is always local, the change in your area may be subtle.

Still, the market is shifting to a buyer's market when the inventory drops to around a four month supply (as it is in Brevard County).

When is the best time to act?

Do you wait until you could possibly get more for your house and then buy something that costs more?   Do you take less for your house and buy something before prices rise even more?  

If there is a mortgage and you are upside down it may make sense to wait and hopefully re-gain some of the lost equity. 

Who knows? Is there a correct answer?

Do what is best for you in your circumstances.  Only you know the right answer…

If you are unsure, call me at 321-693-3850 or email me to discuss your circumstances and goals.

Follow by Email