Have you thought about moving lately but you have no idea what you might be able to afford in today's market? The first step to finding out is understanding what your current home is actually worth. Today Portland is a seller's market. Which means you could get top dollar.
Yes, Portland's market might seem high, that also means you can sell high. The truth is, prices are barely above what they were before the big crash in '08-'09.
Here are the 3 top reasons you might consider selling:
Did your kids move to college? Are you sick of cleaning 4000 sqft of space you never use? Downsizing is the perfect way to walk away with equity in your home. What you sell your unused space for could buy you a modest place perfect for your more simplistic way of life.
2. SUBURBIA HERE I COME
You're ready to move into the suburban stage of life. You want to sell your condo Downtown to get out of the hustle bustle and have a yard. A real yard where kids can play and you can chose to mow it yourself if you see fit. For what you can sell your condo in the city, you can double your space in the suburbs of Portland. If you are ready to take that next step in life, now is a great time to get on it.
3. FLEXIBLE AND CASH HEAVY
You'd like less attachment in this time of economic uncertainty. It's okay, we are all a little perplexed by the recent stock market surge and election. I did predict it, but that didn't mean I was all for it. Capital gains taxes are a real thing, but thanks to the Taxpayer Relief Act of 1997 any profit less than 250k does not have to be reinvested in real estate. Which means all the profit you make under 250k from the sale of your home is exempt from good old uncle Sam and his tax policies. Read all about the rules HERE. You could take the money to invest in a start up, send your kid to college, or put it into an interest baring account until you have a plan.
Your Propertunity might just be knocking. Click the link below to get an accurate evaluation.
The sellers’ market in Lane County housing grew even stronger in Mar
"Working with Lakecrest Realty Group was an amazing experience. They went above and beyond our expectations. We are so happy we have already referred them to multiple friends, coworkers and family and their experience was the same. I will only work with Lakecrest for my future real estate needs!"