Appreciation Is Strong: It Might Be Time to Sell Your Macomb County Michigan Home or Condo

By: Rick Giese RE/MAX First
 
 
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* Time To Sell

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* Real Estate

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* Clinton Township - Michigan - US

CLINTON TOWNSHIP, Mich. - Aug. 18, 2019 - PRLog -- There's no doubt that today's housing market is changing, and everything we see right now indicates it is time to sell. Here's a look at why selling now is likely to drive the greatest return on your largest investment.

Home values have been appreciating for several years now, growing at a strong, steady, and impressive pace. In fact, the average annual appreciation rate since 2012 has nearly doubled the average rate from the more normal market of the 1990s (think: pre-bubble).

Here's What That Means for Homeowners:

As noted in the latest Home Price Expectation Survey (HPES) powered by Pulsenomics, experts forecast an average annual appreciation rate closer to 3.2% over the next 5 years, which is more in line with a historically normal market (3.6%). The good news is, there's still time to take advantage of the current strength of home prices by selling your house now.

Looking at the projections as they stand today, 2019 is slated to drive the strongest appreciation as compared to the upcoming few years. With average home prices still on the rise (https://www.mykcm.com/2019/08/02/existing-home-sales-poin...), the pace at which they are predicted to continue increasing will likely soften by 2020.

Bottom Line

If you're thinking about selling your house, now is a great time to make your move. Don't get stuck waiting until projected home price appreciation rates potentially re-accelerate again in 2023. You'll likely earn the greatest return on your investment by selling now before the prices start to normalize next year.

If you want to sell your house or condo in the least amount of time at the best price with as little hassle as possible, Call or text Rick Giese today at 586.242.3100

If you're thinking of selling, I encourage you to take a look at what your home is currently worth by using this free home value calculator, which takes into account recent area sales:

Enter your home address here to find out what your home is currently worth at Visit: https://www.searchallproperties.com:443/propertyvaluation (https://www.searchallproperties.com/propertyvaluation)

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Rick Giese RE/MAX First
***@rickgiese.com
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Tags:Time To Sell
Industry:Real Estate
Location:Clinton Township - Michigan - United States
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