inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2020/07/400dpilogo.png
inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2021/02/expwhitelogonew.png
  • Triangle
    • Triangle Area Info
    • Angier
    • Apex
    • Bahama
    • Butner
    • Carrboro
    • Cary
    • Chapel Hill
    • Clayton
    • Creedmoor
    • Durham
    • Fuquay Varina
    • Garner
    • Holly Springs
    • Knightdale
    • Mebane
    • Morrisville
    • Pittsboro
    • Raleigh
    • Rolesville
    • Rougemont
    • Wake Forest
    • Wendell
    • Willow Springs
    • Youngsville
    • Zebulon
  • Coast
    • Bald Head Island
    • Carolina Beach
    • Emerald Isle
    • Hampstead
    • Holden Beach
    • Jacksonville
    • Kure Beach
    • Leland
    • Topsail Beach | North Topsail Beach
    • Oak Island
    • Ocean Isle Beach
    • Southport
    • Sunset Beach
    • Wilmington
    • Wrightsville Beach
  • About
    • The Company
    • Meet Us
    • Concierge Service Partners
    • Client Testimonials
    • Join EXP Realty
    • Contact Us
  • NC Pro Home Design
  • Blog
NC Pro Realty Group
(855) 668-3262
info@ncprorealty.com
Sign In
Sign Up
inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2020/07/400dpilogo.png
inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2021/02/expwhitelogonew.png
  • Triangle
    • Triangle Area Info
    • Angier
    • Apex
    • Bahama
    • Butner
    • Carrboro
    • Cary
    • Chapel Hill
    • Clayton
    • Creedmoor
    • Durham
    • Fuquay Varina
    • Garner
    • Holly Springs
    • Knightdale
    • Mebane
    • Morrisville
    • Pittsboro
    • Raleigh
    • Rolesville
    • Rougemont
    • Wake Forest
    • Wendell
    • Willow Springs
    • Youngsville
    • Zebulon
  • Coast
    • Bald Head Island
    • Carolina Beach
    • Emerald Isle
    • Hampstead
    • Holden Beach
    • Jacksonville
    • Kure Beach
    • Leland
    • Topsail Beach | North Topsail Beach
    • Oak Island
    • Ocean Isle Beach
    • Southport
    • Sunset Beach
    • Wilmington
    • Wrightsville Beach
  • About
    • The Company
    • Meet Us
    • Concierge Service Partners
    • Client Testimonials
    • Join EXP Realty
    • Contact Us
  • NC Pro Home Design
  • Blog
inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2020/07/400dpilogo.png
inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2021/02/expwhitelogonew.png
inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2021/01/adobestock24966770.jpeg
Market Insight

Don't Wait Until Spring to Sell or Buy a Home

inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2021/01/ncprorealtylogownewexpwhite.png
NC Pro Realty Group,01/6/2021

Why Not to Wait Until Spring to Make a Move

Why Not to Wait Until Spring to Make a Move | MyKCM

The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some of the biggest wins for homebuyers this season.

 

 

1. Mortgage Rates Are Historically Low

In 2020, mortgage rates hit all-time lows 16 times. Continued low rates have set buyers up for significant long-term gains. In fact, realtor.com notes:

 

“Given this means homes could cost potentially tens of thousands less over the lifetime of the loan.”

 

Essentially, it’s less expensive to borrow money for a home loan today than it has been in years past. Although mortgage rates are expected to remain relatively low in 2021, even the slightest increase can make a big difference in your payments over the lifetime of a home loan. So, this is a huge opportunity to capitalize on right now before mortgage rates start to rise.  Check out our mortgage lender partner and other services on our Concierge page. 

 

2. Equity Is Growing

According to John Burns Consulting, 58.7% of homes in the U.S. have at least 60% equity, and 42.1% of all homes in this country are mortgage-free, meaning they’re owned free and clear.

 

 

In addition, CoreLogic notes the average equity homeowners gained since last year is $17,000. That’s a tremendous amount of forced savings for homeowners, and an opportunity to use this increasing equity to make a move into a home that fits your changing needs this season.

 

 

3. Home Prices Are Appreciating

According to leading experts, home prices are forecasted to continue appreciating. Today, many experts are projecting more moderate home price growth than last year, but still moving in an upward direction through 2021.

 

 

Knowing home values are increasing while mortgage rates are so low should help you feel confident that buying a home before prices rise even higher is a strong long-term investment.

 

 

4. There Are Not Enough Homes for Sale

With today’s low inventory of homes on the market, which is contributing to this home price appreciation, sellers are in the driver’s seat. The competition is high among buyers, so homes are selling quickly.  We need homes in the Triangle are to sell NOW!  Please contact us, the experts at listing your home and finding buyers that are willing to pay top dollar.  

 

 

Making a move while so many buyers are looking for homes to purchase may mean your house rises to the top of the buyer pool. Selling your house before more listings come to the market in the traditionally busy spring market might be your best chance to shine.

 

 

Bottom Line

If you’re considering making a move, THIS is the moment, especially with today’s low mortgage rates and limited inventory. Let’s connect to get you set up for homebuying (and selling) success in the new year.  855-MOVE2NC or email info@ncprorealty.com. 

Print Details
Previous post
Next post
How Remote Work Can Power Your Vacation Home Sale
Check out Wake Forest
inception-app-prod/MzBlMzI3MTktOWQ1OC00YmYyLWE0MDktMTQ0OTkxZDRiZDVl/content/2020/07/ncprorealtyexpblack-2.png
Real Estate | Real Results

Office

NC Pro Realty Group
Triangle | Coastal NCNorth Carolina
Vacation Ownership Specialists
(855) 668-3262
info@ncprorealty.com
www.ncprorealty.com

Essentials

  • Home
  • Meet Us
  • The Company
  • Our Team
  • Search Homes
  • Triangle
  • Coast
  • Contact Us
  • Blog
  • Join EXP Realty

Explore Top Cities

  • Raleigh
  • Durham
  • Chapel Hill
  • Cary
  • Wake Forest
  • Fuquay Varina
  • Apex
  • Wilmington
  • Carolina Beach

Fair Housing Act & Consumer Protection & Privacy

  • Fair Housing

.

© 2021 All rights reserved

Created with Placester

Sign in

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Sign Up
Your password has been successfully reseted.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Register For Area Updates

Thank you so much for your interest in us. Please provide your contact info and we'll send you additional info without being annoying.
Send
Success! Your message was sent!
Thank you! We'll reach out shortly!
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Account Verified!
You may now log in into your account
Go to the homepage
Error
Please try again.
Go to the homepage

Share this listing

Copy Link