It might be just the right time to make a move-up for certain homeowners in 2017.
Those in the best position are people looking to upsize. Smaller homes, apartments, and condos have seen sharper price growth than larger homes, which means it could be a good time to sell and make your move into a bigger home. Especially if you’re current home is in the city, since “urban areas have appreciated faster than metro outskirts.” Both of these trends will likely continue in 2017.
This is interesting news considering the uncertainty many potential sellers have had in the past few months, noted in our post “Rising Prices and Indecisive Sellers.”
Whether you’re upsizing, downsizing, or just looking, contact one of our knowledgable Sanibel realtors, search our MLS for available properties, or get in touch with our office at 239-272-2411 for general inquiries. We’d love to help you achieve your housing goals and find the Sanibel realtor that’s the right fit for you.
Source: "The One Big Real Estate Trend You Need to Understand in 2017" -Fortune; "It's a good time for move-up buyers to sell" -Florida Realtors
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This article is provided by John R Wood Properties, a full service Sanibel Island real estate agency with people who love where they live as much as what they do. Our Sanibel and Captiva Island realtors have local knowledge and decades of combined experience. They are passionate and dedicated to exceeding your real estate needs.
About the author: Nina Rogers is a writer, designer, and illustrator who grew up on Sanibel Island. As a Communications Content Manager for John R Wood Properties, Nina enjoys keeping people updated with the latest in local news and Sanibel real estate.
