Oxford Michigan, Real Estate Broker, Donald Horne | 2019 Will Be a Great Year For Buyers and Sellers
There are plenty of buyers entering the market! Whether you’re a first-time homebuyer or a current homeowner looking to move-up to your next home …
Today, we would like to talk about, “2019 Will Be a Great Year For Buyers and Sellers.“
Many homeowners believe that rising interest rates and home prices have scared away buyers in Oxford and therefore have not listed their homes for sale. However, the truth is that buyers who were unable to find a home last year are out in force, and there are even more coming!
NerdWallet’s 2018 Home Buyer Report revealed that:
“Approximately one-third (32%) of Americans plan to purchase a home in the next five years. Millennials are most likely to have such a purchase in their five-year plan (49%), versus 35% of Generation X and 17% of baby boomers.”
As we can see, buyers are optimistic! According to the report, here are the top reasons Americans plan to buy:
The most common reason Americans prioritize buying is that they believe it’s a good investment!
If you’re a homeowner looking to sell, 2019 is the perfect year to put your house on the market. But why?
- Buyers want to buy
- No competition!
At least 3 of the renowned organizations that report on real estate market trends predict that homeowners are going to wait until 2020 to list their homes, leading to a nice increase in sales (as shown in the graph below).
Don’t wait for a competitive market; be ahead of the curve and sell your home at the best possible price!
Are you considering selling your Oxford home? If you are, we would love to meet with you soon to show you what comparable properties have recently sold for, give you an estimate of your home’s current market value and review with you our marketing program.
Team Success Listing LLC
Donald Horne / Shirley Grindle / 810-338-0628
teamsuccesslisting@gmail.com