So 2017 has come and gone, and many people sold their homes for a great price, with many making thousands upon thousands of dollars. With that money, many purchased the home of their dreams. It was a great year indeed, and the first quarter of 2018 has been setting the stage for an amazing summer. Home prices continue to rise and buyers continue to flock, especially to the Antelope Valley, where people are getting great sized homes in comparison to the outrageously prices properties in the Valley and Los Angeles.
To make all this easier to digest, here are 5 of the many reasons to sell your home in 2018 if you live in the Antelope Valley.
1. Home Prices Continue to Increase
Not just in the AV, but nationwide, this trend has been on an upswing for the past couple of years and this summer seems to be no exception. With the combination of continually rising prices, buyers with tax refund money, and people moving during their children's summer break, this summer is sure to be prime for sellers.
2. Our Buyers have Money
Did you know that over 75% of people moving to the AV are from the San Fernando Valley? This means that many of these people are selling their homes, which are worth tremendous amounts of money right now, and using it to move down here. With a high amount of people likely fitting this category, the market should be flooded with quality buyers.
3. Interest Rates are Creeping Up
Yes, they are going up in 2018. It is inevitable. This is not always a bad thing in every aspect though. This means people will want to buy houses faster. In turn, meaning your home is likely to not stay on the market for as long as it would have in years past.
4. Lots of Jobs are Coming to Town
With Northrop Grumman adding many jobs in the past years, and continuing to do so, there will be a lot of need for homes in the Antelope Valley. There have also been numerous new businesses added. Simple math here, more jobs, more money, more home buyers.
5. The Home Inventory is Still Relatively Small
When I say relatively, I mean to say people are catching on, but it still has not broken loose. Right now there are still plenty more buyers than there are sellers, meaning bidding wars and multiple offers in some cases.
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