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Have You Outgrown Your Home?

Wednesday, December 11, 2019   /   by Nicole Solari

Have You Outgrown Your Home?


Have You Outgrown Your Home?



It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.


The good news is, it’s okay to admit if your house no longer fits your needs.


According to the latest Home Price Insights from CoreLogic, prices have appreciated 3.5% year-over-year. At the same time, the National Association of Realtors (NAR) reports inventory has dropped 4.3% from one year ago.Have You Outgrown Your Home? | Keeping Current MattersThese two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.


This is great news if you own a home and are thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.


Bottom Line


If you think you’ve outgrown your home, reach out to a real estate professional to discuss local market conditions and determine if now is the best time for you to sell.


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The Solari Group
Nicole Solari
4820 Business Center Drive, Ste 140
Fairfield, CA 94534
707-486-5400
DRE# 02014153

IDX Content is provided via the Internet for consumers’ personal, non-commercial use. Variable Price’ indicates the seller is willing to entertain offers within a Listing Price Range. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. IDX provided by Commissions Inc. Data last updated:July 6, 2020