C.A.R. Survey: Home Sellers excited about the market again!

This morning, I came across an interesting article from the latest C.A.R (California Association of Realtors) 2013 California Home Sellers Survey.  Home sellers are more optimistic about repurchasing a home than in previous years.

A little over two-thirds, roughly 69 percent of home sellers purchased a home after selling their previous residence.  Great news and finding for a strong and stable real estate market in the near future.

So why the change? was it the rates? was it the home prices?

yes, yes, yes.

The main reason for sellers to sell their current residence was to trade up  and take advantage of low interest rates to finance their next home.   In the first half of 2013, the surplus of multiple offers in all sales help increase market values for neighborhoods.

With a banging 2013 real estate year for sellers, home owners looking to sell have every right to be excited about this upcoming 2014 real estate year.

Looking to sell your home? Curious about your current real estate home value?  Contact us for a FREE market report with no obligations!

Source: C.A.R Newsstand