Changes are coming. Are you ready to make a move?

It’s fall - the perfect time to make a move! If you want the most of your home’s equity, you should think about how changes in fiscal and economic policies might impact home values.

Monetary tightening – Will interest rates increase? Experts say most likely yes, and it will be gradual. Even small incremental increases could price some buyers out of the market.

Eviction restrictions lifted – Will a flood of homes hit the market? This is unknown until later this year. The assumption is many mom-and-pop landlords will get out of the rental business due to the recent hardships.

Tax changes – Will selling your home cost you more? It depends. If there’s a capital gains tax increase, it could impact home sellers who have built substantial equity. These are not bubble-bursting events but could create downward price pressure. If you’re in an equity-rich position and are flexible, you should consider selling your home within the next six months to get the highest forecasted price.

Snap the code for an instant estimate of your home’s value, then let’s talk if you’re interested in an expert analysis.

Happy Fall!