The Housing Market Is Always Changing

Dated: 03/29/2018

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The Housing Market is Always Changing

 

When your full time job is a professional realtor, you tend to pay very close attention to a variety of items that may influence the value of homes as well as the time period it takes to buy/sell a home.

With the recent interest rate increase, you can feel a pause as people evaluate the equity position that they may have in their home.  
I know it may sound strange that a market can change in a matter of weeks, but we have learned through experience that it can.  With such a large increase in value in the San Diego market in the last few years, many people are considering taking their profits off the table.  
Please don't forget that a married couple who have lived in their home for 2 of out of the last 5 years can avoid any taxes on the sale of their residence up to $500,000.
I encourage you to carefully evaluate what is likely your biggest investment.  Only you and your family can determine if a change of course is prudent.  Make sure you include your financial adviser, accountant, etc. as you decide what may be best.


If you want a private and confidential evaluation of your options, please don't hesitate to give me a call directly at 858.449.4970.  Click here to see The Shay Difference!

Have a great day!
 -Ray

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Ray Shay - Cal BRE #01354548

Ray Shay--CalBRE 01354548 Ray Shay is the Broker/Founder of Shay Realtors. Prior to opening Shay Realtors, Ray proudly served for 24 years as a Lieutenant in the San Diego Police Department. It was....

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