Should I Sell My House?
We noticed on google trends that many people were asking if they should sell their house. The real estate market is changing along with increased interest rates, stock market downturn, crypto melt down, and other worldly things that are pressuring the status quo.
The answer is complicated. The first question is what is your plan? What is your motivation? Where are you going? Can you buy a home or property in that location or is renting the right thing for you to do?
The concern for sellers is missing the opportunity to get the most money for your property. In the Orange County real estate market we have seen buyer competition and homes selling for over the list price. So, Yes, you can still cash in on your real estate in Orange County. Properties have not depreciated. The amount of price reductions has increased but that is due to overzealous sellers trying to test the waters with a high initial list price.
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