Why it’s still a good idea to sell your home in our Cheyenne market.
Should you continue to invest in Cheyenne? First, let me explain what I mean by that.
A lot of people ask me if they should sell now and buy another new home. Most of them have a ton of equity in their homes, but they’re afraid to buy a new one in this hot market. That decision really comes down to two factors.
“You’ll be amazed by the homes you find when you jump in the market.”
The first one is your equity. As I said earlier, a lot of people have a ton of equity right now. When you move to your new house, all you’re doing is exchanging your equity to buy down the purchase price of your new home. You’re not truly purchasing the home at this market price; you’re bringing it down to a much more affordable price.
The second factor is the inventory. People will look at the market and say that they don’t know if they could find a home because it doesn’t look like anything is for sale. It only looks that way because you’re not in the market. When you jump in, you’ll be amazed by the homes you find. You just won’t see all the opportunities that are out there when you’re casually searching on Zillow.
If you have questions about this or any other real estate topic, feel free to call or email my team. We’d love to hear from you.