Deep down, you know the answer.
Let’s get right to the point on the subject of reasons to sell or not sell in 2021. Those articles that ramble on with useless banter at the beginning are such an annoyance. I always scroll as fast as I can to the middle and last third of the article to get the inormation I want and skip the intros. Geez, look at me, I just made an intro complaning about intros. I will say though, not enough songs these days have interesting intros. Back into the 70’s and 80’s, the intro was just as important as the hook, these days, we want a double-portion of hook, hold the pleasantries.
One idea that is being talked about that will keep more listings from coming on the market is that fact that so many people have refinanced. Rates are basically the lowest they have ever been and those who have refinaced will be staying in their homes for a few more years, at least. It costs money to refi, you know. You have to stay in your home a few years to break even. If you sell 2 years after you refinanced, you lose money. Plain and simple. Some people have no choice though, and that is when a great Realtor will come in and guide you through the compliated process of selling your home.
While there are a few reasons not to sell in 2021, there are just as many reason TO sell in 2021. Needing to move, as mentioned above, taking advantage of historically low rates for that forever home purchase or taking advantage of historically high prices to cash in and move out of state, which more and more people are doing. It’s no secret that California taxes are the highest in the nation. Maybe my next blog will be about all the reasons to leave California, as if you didn’t know already. I love California, but how much abuse can people endure from a loved one before they finally up and leave? I guess it is different for everyone. Varying levels of pain tolerance.
If you are feeling a real estate pain, give me a ring. I can fix it.
Josh Amolsch – 916.224.2756