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Have You Outgrown Your Home?

Wednesday, December 11, 2019   /   by Amy McLeod

Have You Outgrown Your Home?

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It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.


The good news is, it’s okay to admit if your house no longer fits your needs.


According to the latest Home Price Insights from CoreLogic, prices have appreciated 3.5% year-over-year. At the same time, the National Association of Realtors (NAR) reports inventory has dropped 4.3% from one year ago.



These two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.


This is great news if you own a home and are thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.


Bottom Line


If you think you’ve outgrown your home, let’s get together to discuss local market conditions and determine if now is the best time for you to sell. Contact The McLeod Group Network at 971.208.5093 or admin@mgnrealtors.com for ALL your Real Estate needs! 


By: KCM Crew


  amy mcleod, mcleod group network, homeowners, home sellers, selling a house, home values

The McLeod Group Network - KW Capital City
Amy McLeod
1900 Hines St SE, Suite 220
Salem, OR 97302
971-208-5093
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Lighthouse Mortgage
Phil Gerstner
110 Wallace Rd. NW
Salem, OR 97304
503-871-4968
NMLS# 291931

Traci Benjamin
Churchill Mortgage
Sales Manager, AVP
traci.benjamin@churchillmortgage.com
NMLS 111736
Direct: 503-751-2288
Cell: 503-932-5511

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Aaron Memmott
Finance of America
Mortgage Advisor
amemmott@financeofamerica.com
NMLS# 1048117
Direct: (503) 718-9876
Cell: (503) 551-1115
Fax: (855) 639-2956

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Elizabeth Smith
Caliber Home Loans
elizabeth.smith@caliberhomeloans.com
NMLS# 228191
Cell: 503-910-0415
eFAX: 844-538-4687

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