Real Estate Property Values are on the rise again and that means many home owners are taking advantage of cashing out. This past weekend ABC news discussed the impressive 13% increase in national property values. Are you ever curious about the market in Bucks County?
There was a time not long ago where conversation was about values peaking out at the top of the market back around 2006-2007. In this appreciating market, these home owners may have finally realized the opportunity to also cash out their equity. A sellers market is the perfect storm for sellers trying to squeeze every dollar of value out of their property by having multiple buyers compete for inventory in many different price ranges and locations.
Many of these homeowners will try to figure out their home value by using online value tools such as Zillow, where the zestimate is hardly accurate, they use an average of sales from 6 months prior and do not take into account any your gorgeous upgrades and custom changes to your home.
Looking to find ways to maximize your investment? Freshening things up a bit always helps bring the highest dollar. Minor things from a new coat of paint, to deep cleaning and fresh flowers in the garden really help showcase your property and can bring better bids from anxious buyers.
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