Are you outgrowing your home in Scottsdale, AZ? Do you need something bigger or are you looking to find a different neighborhood that suits your family’s needs better? If you are in a situation like this with your home in Scottsdale, AZ then we’d like to tell you why right now is both a great time to buy and sell a home in Scottsdale, AZ.
If you are searching for a new home that fits your family more comfortably, it is a great time to purchase a home in Scottsdale, AZ simply because interest rates are still fairly low. While they have slowly been climbing over the past few months, you can still get a great interest rate on your next home in Scottsdale, AZ. Another reason that it is a great time to invest in your next home in Scottsdale, AZ is because home values are slowly increasing. If you purchase a home in Scottsdale, AZ now before home values peak, you could make a great deal of money on your investment.
Likewise, if you’re looking to sell your home in Scottsdale, AZ the previously mentioned reasons can also be applied to why it is a great time to sell. Despite low interest rates on mortgages, rates are still slowly rising. The more interest rates rise, the more potential there is for buyers to avoid entering the market; this means fewer potential buyers for you home. Also, home values are increasing, so you could still turn a nice profit if you have a decent amount of equity in your Scottsdale, AZ. Additional reasons to sell your home in Scottsdale, AZ and upgrade to something different is because homes are only staying on the market for 2-3 months; this means that there are plenty of buyers out there snatching up the good homes. You won’t have to list your home in Scottsdale, AZ and sit around for months waiting to move into a new home. You can sell your home and purchase a new home in Scottsdale, AZ in only a matter of months.
If you need an upgrade on your current home in Scottsdale, AZ now is definitely a great time to enter the market as both a buyer and a seller. While the market is still recovering there are advantages to being on both sides to the real estate transaction.