What’s Happening with the Real Estate Market?
Are you considering making a move with your home or investment property? Brian talks through what decisions you may need to make if you choose to sell your home.
The housing market has been wild lately. Is now a good time to downsize your home and put it on the market? Brian says it’s the right time to get out if you’re downsizing. If you’re retired, think about what you’re trying to accomplish. What are your goals and dreams?
If you don’t need as big of a house, figure out what you can do and what you want to do. What kind of gain would you make? Could that be invested back into your retirement funds? You are in a hot market if you’re thinking about selling. But what do you do with the money? Brian talks through some of the options to consider.
What about buying? It’s important to pay attention to what the market is doing. Brian shares a story about his home in Arizona. Real estate is all about timing. It can be hard to sell if it’s not the right time. There’s a cycle to real estate. Right now, there isn’t much inventory available, but as builders make more homes, you may see the prices drop again.
Listen to the entire episode or skip ahead using the timestamps below.
[0:12] – Is now the time to downsize your home?
[6:29] – What should you think about with real estate timing?
[9:56] – Inventory changes over time.
“You are in a hot market if you’re thinking about selling. But what do you do with the money?”
Brian Bowen – Contact