Selling a home is a huge life decision. At Kim and Lin Logan Real Estate, we understand it’s not always easy to decide to sell your home. However, if you’ve been toying with the idea of listing your Georgia Lake Country home, today we’d like to share five good reasons why now is the perfect time to list your home with our real estate agency. We have two offices to conveniently serve you. Visit us in Eatonton or Greensboro to discuss selling your home.
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Reasons To List Your Home A With Kim and Lin Logan Real Estate
1. Now is Still a Seller’s Market
The demand for single-family homes, townhouses, and condos across the U.S. has skyrocketed since 2020. Buyers are very eager to buy homes, and this demand hasn’t slowed down. In fact, 2022 is expected to continue to heavily favor sellers. Lake properties, in particular, are highly-sought and usually go for well above an owner’s asking price. If you list your home now, you’ll undoubtedly sell it quickly.
2. Lake Country Home Prices are Up
With the inventory shortage of single-family homes, prices remain higher than normal. If you’ve been weighing the decision of whether or not to sell and you have equity in your Lake Oconee or Lake Sinclair home, it’s a smart time to list. You’ll likely get more than the market value that you probably paid when you purchased it. Homes that previously went for $300Ks and up are now going for $500K and up – and some of these are fixer-uppers. Properties in good condition are currently going for maximum value in Georgia’s Lake Country.
3. Mortgage Interest Rates are Still Low
During the pandemic, mortgage interest rates hit record lows, which helped tip the scales for interested buyers to actively pursue purchasing a new home. While rates are currently on the upswing, they are still generally low and are expected to remain low for a good portion of the year. This means if you list now, you’ll have plenty of offers on the table to choose from since buyers want to take advantage of lower interest rates.
4. High Prices Make New Homes More Affordable
If you own your house outright or have plenty of equity and hope to buy a bigger/upgraded home, it’ll be easier to afford. With a surplus of cash, you’ll also be an attractive buyer to sellers who might be more inclined to choose your offer. For any amount you might need to borrow, you can enjoy low-interest rates this year. Rates are expected to creep back up and already have started to do so. Locking in at a good rate now will enable you to buy a bigger or upgraded home should you choose.
5. People Want Lake Houses
With the above market factors in play, it’s the perfect scenario to sell your home. You can rest assured someone who wants the house will buy it. More and more people are choosing to live vacation lifestyles while they work remotely. Your home is almost certain to go to a buyer who truly wants to enjoy it and will make the same memories you have made over the years.
Why Choose Kim and Lin Logan Real Estate?
At Kim and Lin Logan Real Estate, our agents are highly experienced in the local market and can help you pick the right price point. Connection to our Lake Country communities is extremely important to us and you’ll never feel like a numbered listing on an online market. We’ll provide the personalized service you want and deserve. Our clients know when they partner with us, they’ll work with an agent who keeps their best interests as a priority. Selling a home is much more than a transaction to us. We’ll make certain you’re satisfied with the result.
Want to learn more about how we can help you place your Georgia Lake Country home on the market? Contact Kim and Lin Logan Real Estate, Georgia Lake Country’s premier real estate agency today.
Meet Our Team Of Realtors
Our team of real estate experts represents the best and brightest in the industry, and we’re always striving to lead the field in research, innovation, and consumer education. With our extensive knowledge and commitment to providing only the best and most timely information to our clients, we are your go-to source for real estate industry insight and advice. Learn more about our top Lake Oconee and Lake Sinclair realtors by checking out their bios below: