Market Updates: Home Sales on the Rise for 2015!

Posted by Dil Gillani on Friday, January 23rd, 2015 at 7:00pm

Today in our Market Updates series, we would like to present why 2015 is the perfect year to sell your home. We have some very interesting infographics to present to you, courtesy of KCM (KeepingCurrentMatters.com). Recent predictions show that the number of homes to be sold this year will dramatically increase!

Here we see the existing home sales of three major industry leaders for 2014 and their projections for the coming year. NAR is projecting an increase of almost half a million home sales for 2015, with Freddie Mac and MBA projecting increases of about 300,000. This means that there is no better time than now to contact us and let us get started on selling your home!

This graphic shows home appreciation projections for this year and the next. The projection for 2015 is that home appreciation will be, on average, 3.7% above market value. So, if your home is currently valued at $300,000, you could be looking to sell it for an additional $11,100 on top. This may not seem like much, but throughout the process of negotiations, offers, and fees, every penny counts.

To conclude, home sales and home appreciation are each on the rise for this year. If you're considering selling your home, now is certainly the time. Contact us today and let's get moving on getting you the best possible value!

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