Serving the communities of Pasadena, South Pasadena, Altadena, Eagle Rock, Mount Washington, Glassell Park, Highland Park, Silverlake and Echo Park, the BZPros Real Estate team has extensive experience, comprehensive market knowledge and an outstanding reputation throughout the local real estate community. We have a strong desire to share our expertise to help our clients navigate through and make sense of today's Real Estate market. Whether you're selling, buying or investing, we are committed to understanding your particular goals, needs, and concerns, providing you the information and facts you need to make an educated decision, and making your transaction as stress-free as possible.
"Thank you for EVERYTHING, your support and guidance kept us sane during the sale of our home - and is a gift we treasure!" -Alana and Steve, Los Angeles
"Words can not truly express our appreciation. You have been so incredibly patient with us and, perhaps more importantly, you never let us settle. You're the best!" - Shannon and Edwin, Los Angeles
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SHOULD I SELL MY HOME NOW??
If you're thinking of selling your home, there must be a reason. Perhaps you're family has outgrown your current home and you need more space, perhaps some children have €œleft the nest and you wish to downsize, or maybe you just want to live closer to family that lives elsewhere. Selling a home shouldn't be ONLY about the money, sometimes it is about moving ahead in your life, doing the things you want to do or need to do.
Especially if you're looking to downsize or upsize, NOW may be the right time to sell your home and purchase another.
1. Interest rates remain low giving buyers more incentive to buy as well as more purchasing power. An increase in interest rates of a mere 1/4% reduces a buyers purchasing power significantly. The low interest rates also work in your favor in the purchase of your next home.
2. Inventories are reasonable at present. However there are still a large volumes of foreclosed homes being held by the banks. In the near future these houses will come to the market increasing the supply of homes available to buyers, creating more competition for your home.
3. While you may be taking a loss on the value of your home from its peak value, you're gaining by purchasing your next home while prices and interest rates are low. You will see a greater gain when the real estate market turns around with your next home. Additionally, lower home prices may enable you to obtain more features in your next home. It also may allow you to move into a more desirable area.
4. The current favorable market conditions won't last long. Real Estate has proven over time to be a great financial investment.
In short, the answer to IS IT A GOOD TIME TO SELL?, depends on your reason for selling and your particular set of circumstances. There are opportunities in every season and under all market conditions. One must look at the big picture to truly determine if selling now is right for you.
Check out our blog for more Real Estate news, tips for buyers, sellers & homeowners, and other great info: Along The Arroyo
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Learn What Home Improvement Projects Provide the Best Return on Your Investment
Looking to Sell?
Check out these tips for selling in a today's market.
Whether you're buying your first home, third home or an investment property, being represented by a Buyer's Agent will SAVE you MONEY and TIME. Click here to learn more about this valuable FREE service.
We have a network of qualified professionals available to assist you with every aspect of your sale and/or purchase such as: remodeling or updating, property inspection services, Maureen Martin mortgage services, design work, insurance, moving companies and more. Call 1-800-941-2297 for more information.
Pasadena Area Relocation and Real Estate Guides:
We've compiled relocation and Real Estate Guides to the following communities: Pasadena, South Pasadena, Altadena, Eagle Rock, Highland Park, Mt Washington, Lincoln Heights, El Sereno and Echo Park.
We are continually working to improve our services by adding new resources. We always welcome your suggestions!