According to the National Association of Realtors, vacation and second home sales increased exponentially over the past year. This is an incredible sign of how strong the real estate market has become in the past 12 months. The strength of buyers in the U.S. and abroad has been displayed as of late by this increase in sales. It indicates an increase in wealth overall coupled with more cash sales and less distressed listings. If you are thinking of selling your La Jolla home, and are not sure about whether or not right now is the right time, consider your options. No matter if you are selling a primary or secondary residence, the buyers are ready and waiting, purchasing homes at higher prices than this time last year. There is still significantly lower inventory than years past so your listing, if prepared and priced correctly, will definitely stand out. For those hoping to turnaround after their sale and purchase another home in La Jolla or elsewhere, interest rates remain low. These low rates facilitate easier transitions from previous homes to future residences.
If you would like more information pertaining to selling your La Jolla home this season, please give us a call, we would be happy to walk you through the process. On the other hand, if you want to fill in any blanks about the selling process in general, take a look at our Definitive Guide to Selling Your Home. If you haven’t sold a home in a few years, this guide will provide needed reminders and detail.