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Good thing you didn't sell your home last year.

Monday, August 3, 2020   /   by Vanessa Saunders

Good thing you didn't sell your home last year.


By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.

I ran into an old friend I haven't seen in years at the Piermont NY farmer's market Sunday. Our conversation eventually rolled around to real estate (funny that!) and she mentioned she'd sold her Piermont home last year.

She lamented selling it when she did, because if she'd waited until this year, she would have made much more on it.

Perhaps there is a lesson in her story. If you've been thinking about selling for a while, now is an excellent time. You DIDN'T sell last year, did you? Nothing guarantees that you will be selling at the peak of the market. But you'll at least be selling at a point well above last year!

Conditions for sellers have rarely been better. Buyers are falling over themselves to find and buy properties. Aided by historically low interest rates, buyers are very actively shopping for homes. Rates are forecast to remain low, creating a great opportunity for home buyers.

Because there are so few homes on the market, there is little competition between sellers for buyers with offers. Home sales are expected to go up next year, which will push more homes on the market. Freddie Mac, Fannie Mae, the Mortgage Banking Association (MBA) and the National Association of Realtors all predict higher sales for 2021.

Only you know if selling your home now is the right thing for you. All I can tell you is that now is an EXCELLENT time to have a home for sale in the Hudson Valley real estate market.

To find out more about selling your home, or for answers to your questions, CONTACT US.

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258


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The data relating to real estate for sale or lease on this web site comes in part from One Key, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the One Key, Inc logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2020 One Key, Inc. All rights reserved.

The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.
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