The question for 2021 for home owners seems to be is this the year for me to capture my equity?
The answer depends on your plans. If you want to move within the next three years, I'd say this year is most likely the best choice.
Why?
Interest rates are creeping up which will negatively impact value
We have been in a period of rising prices for 9+ years, typical market cycles are 5-8 years
During a market down turn - cash is KING
By this if there is a price drop, and I am not saying the market will crash, having cash is always a good thing.
If you would like to talk more call any time to chat about how I work and if it makes sense for us to get together.
Debi Hauer, Realtor
Debi Luxury Homes
Cell phone: 781-783-2963 