3 Ways To Tell Its May Be Time To Sell Your Home


With today's increased housing demand and the low supply of housing inventory in places like New Jersey, New York, and Pennsylvania (housing supply is averaging about 2-3 months), now may be a good time to consider selling your house. 

If you're on the fence about whether the sale of your home is a change you're ready to make, consider these signs as you weigh your options: 

Major Life Changes:  

A new job, a new addition to the family, family members leaving the house are all lifestyle changes that require living space changes


Tax Free Capital Gains: 

As hous prices increase there are opportunities to take advantage of tax free capital gains, $250,000 (single) or $500,000 (married), if the home has been your primary residence. Speak with a CPA for details and contact me for more information on the capital gains tax exclusion .


Trade Up: 

The current market offers an opporunity to cash in on your investment if you purchased your home when prices were lower. If you're in the market to trade up to a larger space now may be a good time to "sell high." 


Please Note: This article is provided for illustrative purposes only. It is not an offer or commitment to lend money, and it is not an advertisement for a specific mortgage or a specific interest rate. Contact me to run the numbers for your situation.