Why Downsize this Spring? On the fence about downsizing? Worried that inflation and mortgage rates will discourage buyers and that your home value won’t be as high? I specialize in 55+ communities and those sellers looking to downsize. I want to go over some of the reasons that I advise my clients that of all the times during the year, spring is the time to downsize. First, the week of April 10-16 is the highest season for selling in the nation. Why? It is easier to move without the threat of inclimate weather. Another reason, is if you are downsizing and have many bedrooms and a yard, you might be selling to families, who generally need to move during summer. Some of the other considerations that are really notable are the market conditions. Experts agree that this is one of the strongest markets for housing, with sustained limited supply, and on The Main Line, this is even more true. So not only would you be reducing a cumbersome mortgage which you could apply towards your retirement, you can gain freedom from maintaining a larger property. From Athertyn to Beaumont, there are some really amazing places to move that are age restricted on The Main Line. Lastly, home equity on average has risen about $50,000 in the past year, you can cash in on that equity now and sell your home to do whatever you like with this money. There should not be any hesitation that this is the right time to downsize, but if you are still considering waiting or would like to have someone to help assemble a team of people to help, I am here to help you take the next step. I specialize in Main Line homes and downsizing, I am a Main Line local, and I am here to help. Let’s take this next step together. Kimmy Rolph sells The Main Line and local areas.
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