- A seller market dominates- Home prices are climbing and in lucrative markets, it is becoming easier to sell your home.
- Mortgages are getting more expensive- This should come as no surprise…. There was only so long that the low rates we saw 2012- Present could really last. What does this mean for a seller?? A major factor in how much a seller receives for their home is how much a buyer can qualify for.
- Tax Benefits are still on your side! A single tax payer can exclude $250,000 in capital gains from the sale of their home; couples filing jointly, it is $500,000. (owners must have been living in the home for at least 24 months in the past 5 years.)