Is the Bubble Ready to Pop?
Southern California home prices are projected to continue their increase through 2021 but stabilize, and possibly decrease, in 2022. The bottom line is that if you’re considering selling, the time to act is now so that you can maximize the capital returns on your sale.
Since the end of World War II, home values have historically doubled approximately every ten years. Along this trend, however, there will be periods where home values drop unusually low or rise unusually high which typically coincide with national economic events.
Right now, we are experiencing historically high home values as a direct result of the economic conditions created by the COVID pandemic. As the world opens back up, this unique period of high demand for homes may rapidly come to an end.
The transition from a seller’s market condition to a buyer’s market condition will happen very rapidly and we are nearing the peak of the current seller’s market trend. Interest rates are already on the rise and the inventory of available homes will quickly replenish itself, which will lead to home values stabilizing or even decreasing for a brief period while the market corrects itself.
If you are in a position to take advantage of today’s historically high market values, this is yet another reason to act now and let us help you get your home listed.
With over 35 years in the home selling business, Ultimate has successfully predicted many market trends and, right now, our recommendation is SELL! SELL! SELL!
WE CAN MAKE THE SALE OF YOUR CURRENT HOME 100% CONTINGENT ON YOU FINDING THE HOME OF YOUR DREAMS AND IF YOU DON’T FIND IT, YOU DON’T HAVE TO MOVE.
Let us streamline the process of maximizing the profits on your current home and get you into the home of your dreams! Our direct line (714) 203-1669 or send an email to office@UltimatePropertiesSold.com.