The Challenge
For some time now, real estate reporters have been talking about the challenges facing home buyers. Chief among these challenges is the lack of available homes for sale. This supply shortage has led to rapid price appreciation and bidding wars in many areas of the country.
The Opportunity
Homebuyers are understandably getting frustrated. But one person’s challenge is another person’s opportunity. Many homeowners might do well to take a look at the chance to sell at historically high prices. CoreLogic claims that the average home nationwide has appreciated by $50,000 in the last year.
Bottom Line
Now maybe the best time ever to sell your home. Historically low mortgage rates and the substantial number of millennials mean lots of buyers waiting to purchase
