If you remember studying history in High School, you most likely will remember the stories of the California Gold Rush and how tens of thousands of people came to California for Gold in 1849.
Fast forward to 2013 and the Real Estate market is similar to the Gold Rush of 1849 in that home buyers and Real Estate investors are clamoring to buy a home here and the big question that many homeowners have is “why should I sell my Orange County home now?”.
Strike While The Iron Is HOT
Yes, the Real Estate market in Orange County is hot right now and with all of the market appreciation going on, a lot of homeowners are tempted to hold onto their homes and wait for their home values to continue going up. If you’re trying to perfectly time the market, this may be a mistake because there’s no guarantee that home values will continue going up and there’s a chance that home values won’t be the same as they are now, regardless of what investors or market analysts tell you. Remember 7 years ago when most analysts and speculators thought home prices would only continue going up?
Market Predictions Are Not 100% Accurate
Real Estate analysts, property investors and commentators on television for the most part all rely on the same data and there really isn’t a “crystal ball” that can determine where the Real Estate market will be at in six months or more. That’s why it’s always a smart choice to take advantage of the potential for multiple offers and selling a home above its market value compared to waiting for a few months to do the same thing down the road when Real Estate market conditions might have changed by that time.
If You’re Going To Sell Anyway Why Not Sell Now?
For those homeowners who are planning on selling their homes, why not make the move and sell now?
By taking action while the Real Estate market is HOT, any homeowner can capitalize on the potential for multiple offers on their home and take advantage of selling their home above market value while they still can.
To learn more about selling a home in the Orange County Real Estate market, or to view the latest Orange County homes for sale, contact Fred Sed & Associates today by calling us at (949) 272-0125.