It is a great time to sell your home but this is your decision.
When you put your home on the market, it does not mean that you sell it the next day. It depends on your location, I am not sure how many days you may need to sell in your area, I need to learn more about your home to answer this type of questions. By the time Coppell inventory may change.
Let me know if you are curious about how long it takes to sell your home and market price of your home or what is available in Coppell? Nothing to loose...I will be happy to help you in anyway.
You are right....I think now is a great time to move up. The first time homebuyer tax credit is still in place through April. That's a nice incentive for someone who wants to buy your home. Interest rates are still low, so you also might be able to buy during this time before rates go up. So there's a double win for you.
You are right about inventory in Coppell. Very few homes on the market at this point.
Let us know if you would like a list of prices in your area, or a list of homes currently on the market in Coppell.
Just a quick note in answer to your question. Good interest rates and federal tax incentives make this a very good time to sell. Many buyers look closely at projected monthly house payments when deciding to buy. If interest rates and incentives lower the payments, your chance of selling at your price improves. Since he tax incentives may end forever at May 1, getting your home on the market very soon would be a good idea.
Lastly, I will also tell you that you would also compete with all of the other homes for sale in the Spring, possibly affecting your sales price. Why not now?
Why not let your buyer take advantage of those opportunities, and get the best rate for your family and the best price today?
I would be happy to assist you in marketing your home for sale and assisting you with purchasing another one. Please contact me for a no-obligation, free consultation.
Nicole Arenas, Realtor
The important thing you need to do right now is find a Realtor that knows your neighborhood. By neighborhood, I mean a 5-mile radius around your house. Find an agent that specializes in your area and that person will be the most qualified to answer that question.
AgentHarvest is a free Realtor finder service that can help you find agents that know YOUR neighborhood. Talk to those agents to find the best possible answer to your questions. If you want additional information on how to find expert real estate agents that know your neighborhood, go to http://blog.agentharvest.com.
Best of luck and remember do your homework in finding a Realtor. The advice given by a good Realtor is worth it.
AgentHarvest - A free real estate agent finder service
Good question! The advantages to selling and buying now are great. The appreciation you may see over the next year will most likely be minimal. The advantages of moving now are 1. lower home prices allowing you to purchase a larger home for less, 2. low interest rates (these are predicted to raise over the next year), and 3. tax incentives (eligible for $6500 - see IRS to get full details). Just the interest rate increasing would make selling next year not as benefical as this year. Please explore your options more. HAving your family situated in the school district you would like in a home that will increase in value as the years progress is priceless. Best Wishes!