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 Why Should You Move Up in a Down Market

Simple: While it’s true that a down market will make it difficult to get as much for your current home as you would like, the price of that larger home you’ve had your eye on has also gone down. If you consider the price decreases in percentages, NOW is the BEST time to BUY!

For example, if your current home is worth $200,000, and the home you want to buy has a value of $600,000, the difference in value is $400,000. Right? Not necessarily! For easy math lets say that home prices may of decreased roughly 10% on average, your current home would be worth $180,000, and the home you want to move up to would be worth $540,000. So while your home value has decreased only $20,000, the home you want is now $60,000 less!

Understanding exactly how the shifting economy affects your buying and selling power is not just our job, it’s our passion. While you might hear a lot of media hype expounding on bad-market syndrome or buyer’s market vs. seller’s market, know that in ANY market, we are here to bring you real information… in real time… with real answers on how you can achieve your real estate goals.

Call us today to take advantage of your increased buying power and discuss how we can work together to move you up into the house of your dreams!

 
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