Real estate Investors, have you been waiting for home prices to peak, before selling your property? Well, according to the National Association of Realtors: “Existing-home sales are down 2.7% to 5.85 million, the third straight month of decline.”
We all knew that the growth, we have seen since 2020, would not last. However, some savvy Real Estate investors wanted to wait and get the most money they could out of their Real Estate properties. Now that we have seen 3 months of decline, is it time to cash in on that investment property?
The good news is, that even though home prices are declining, median sale prices are still higher than they were last year at this time. Which means, it’s not too late to sell your investment property and cash in on these record high median home prices!
Don’t wait any longer, sell now, before it’s too late!
Give me a call today.
Seekia “kia” Morrison, Real Estate Sales Broker
West East Real Estate