Housing Market 2020 – Best Time to Sell Your House
The 2020 housing market is full of potential buyers. But do you and your Realtor know how to maximize your home’s availability and its value in the eyes of these eager buyers? Do you know the best time to sell your house?
The House will sell itself? No, not really. Houses don’t speak well which is why 2018 was the year of home stagers. It’s all part of an intelligent sales strategy, and one that Realtor teams are adopting themselves in record numbers.
Most Realtors will say they have their techniques, yet ensure your Realtor has a commanding presence online on Google, Facebook, and is leveraging the power of Linkedin. All channels need to open and engaging to gain sellers trust and that your home is worth that price. See these 14 tips to sell your home better.
Despite this winter’s slowdown, the economy is strong. Prices will rise, so choose a good Realtor, because they’re worth every penny. But, work with them to get all factors working to get you more bids and higher prices.
Real Estate in the USA in 2020
The real estate market 2019 looks positive for most including Los Angeles, Philadelphia, Chicago, Boston, San Francisco, Toronto, New York and Vancouver. For sellers that is. With a historically unprecedented lack of housing supply and strong employment and income growth, buyers will be willing to pay very high homes prices at zip codes all over.
If you’re hoping to sell your home in 2019, you should read my post on selling over asking price and why selling your home now is wise. There’s plenty of other reasons to sell your home and sell it at the highest price possible.
Good Things Happen When You Sell and Move onto Your Ideal Life
I like the story of homeless Louise Gourley who went from rags to riches, got tired of the grind, sold her house and went and helped the poor. A richer life is waiting anyone who wants it. And you’ll likely be able to live your dream comfortably. Read Louise’s story on the Sunday Post. I like happy stories.
Your Buyers Want the Best Potential Equity
Don’t forget that property investors will also be bidding on your home or condo this year. The outlook for rental property is extremely positive. First time buyers face challenges in gathering a downpayment and qualifying for a mortgage when home prices are rocketing. If the Trump administration should infuse further life into the economy and housing market, it should ease home prices. Rather than hoping for the best home sales price, why not plan for your sale?
You have other options for selling a home if you want the maximum price. And that premium on the price might be well worth it. Realtors aren’t your only option. You can hire a digital marketer and a real estate lawyer to market your home. It might take a little more effort, but you’ll likely save quite a bit of money and get a higher sales price.
Keep your mind open about getting the best price or staying even with the Realtor’s market assessment of your property. That’s all out the window these days. Your home is worth what you can make others believe it’s worth. It’s all marketing and the selling price is yours to choose (when you carry out a powerful marketing and sales strategy). While it may be wise to use Realtors, they often boast about BIG marketing campaigns, but as a digital marketer in real estate, I can tell you most spend very little. Dig deep to discover exactly what they’re going to do for you.
Your house and property are an investment, your most important financial investment, so don’t burden the buyer with demands. It’s their money. Sell it for maximum value, let it go and move on.
Which City has the Best Home Prices?
Before you sell, you need somewhere to go – to choose a city or country where you can buy cheap once again (deja vu?). You could retire in Costa Rica or some other heavenly tax free country. Wouldn’t that be nice! Or you could check out cities in Arizona, Utah, Florida, Texas, or Oregon, or perhaps the Okanagan in Canada. These places are popular too.
Top 25 Cities to Retire in the US.
Take a good look at this list of 25 best cities to retire to. If you’re an Internet or social media entrepreneur, you might find them ideal to work from too! Here’s a further list of the best cities to live in.
This list is compiled from Forbes Annual List of best places to retire. I’ve added in estimated average income and zip codes so you can accelerate your own home search.
US City | State | Average Home Price | Estimated per capita income in 2013: | Zip Code | |
1 | Abilene | TX | $142,000 | $21,032 | 79563 |
2 | Ashville | NC | $206,000 | $29,195 | 28704 |
3 | Athens | GA | $139,000 | $17,534 | 30605 |
4 | Blacksburg | VA | $235,000 | $18,618 | 24060 |
5 | Boise | ID | $175,000 | $28,479 | 83616 |
6 | Bowling Green | KY | $138,000 | $20,116 | 42101 |
7 | Cape Coral | FL | $190,000 | $47,767 | 33903 |
8 | Casper | WY | $245,000 | $31,475 | 82609 |
9 | Colorado Springs | CO | $225,000 | $29,030 | 80829 |
10 | Columbia | MO | $159,000 | $26,994 | 65202 |
11 | Fargo | ND | $176,000 | $27,622 | 58047 |
12 | Great Falls | MT | $172,000 | $25,015 | 59401 |
13 | Huntsville | AL | $174,000 | $29,399 | 35649 |
14 | Lexington | KY | 143000 | $28,924 | 40361 |
15 | Lincoln | NE | $155,000 | $25,745 | 68430 |
16 | Logan | UT | 153000 | $16,572 | 84321 |
17 | Mesa | AZ | $200,000 | $23,771 | 85021 |
18 | Oak Grove | OR | $279,000 | $29,019 | 97267 |
19 | Pittsburgh | PA | $133,000 | $28,176 | 15201 |
20 | Port Charlotte | FL | $147,000 | $21,950 | 33948 |
21 | Raleigh | NC | $213,000 | $31,145 | 27587 |
22 | Rochester | MN | $168,000 | $33,894 | 59901 |
23 | San Angelo | TX | $189,000 | $24,293 | 76903 |
24 | San Marcos | TX | $198,000 | $16,087 | 78658 |
25 | Tucson | AZ | $174,000 | $19,669 | 85701 |
Get Creative Minded and Build Your Vision
Let’s hope you’re not making the decision now after divorce, serious health issues, or big debt. That’s what happens when you wait too long. When the time has come, you must act and sell your home. Don’t hang on for a few more years to get a few thousand more dollars. Take the gift you’ve been given by the economy now.
If you don’t know how to research and plan for such a future, find a professional with enthusiasm and talent for that sort of thing and hire them. Giving you focus to your future, inspiring you, and helping you smooth over the rough spots is well worth the fee. It’s an investment in you and your spouse and family.
Don’t be traditional — get a solution that works today. The roles for advisors, marketers, and enablers have changed. You’re the master. Go with your intuition — it’s likely right on the mark.
The millennials who want to buy your home are looking for certain things besides the lowest price. Don’t forget to improve your home before putting it up for sale. Staging isn’t enough when your goal is to sell it in a bidding war from hungry buyers who are all in to your marketing presentation. You’ll discover the power of real estate marketing. Good luck with your sale and if you seriously want to get the best price – I’m the guy who can introduce your home to the world and make it look like a mansion.