So, What's My House Worth?
Many home owners are probably wondering "what's my house worth"? Since 2020, the housing market has seen a rapid upturn in home values. Although this can be attributed to several factors, the market has favored sellers. This may be a great time to consider your options. It's very important to know what your house is worth. Call me at (727) 418-9078 to schedule a time, and we'll find out what your house is worth.
Some owners are making nice gains in home equity and are selling their homes with the aim of affording a better home. Others are downscaling and pocketing a nice nest egg or paying down debt. Amazingly, home values have increased drastically in some areas. Whether you are wanting to sell your house or not, knowing the statistics of your neighborhood will help you stay well informed on the housing market.
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Florida has been experiencing an influx of buyers from other states in the past few years. Many out-of-state buyers are leaving more expensive areas and paying cash and closing quickly. Moving to a distant area for the first time can be a difficult task. With today's technology much of the process can be done online, even virtual touring. I have valuable experience helping those who are moving to Clearwater, St. Petersburg, Largo, Tampa FL or the surrounding areas. I will partner with you and guide you through the whole process to find and buy your perfect home.
According to Zillow.com, in early 2022 the median home price for Clearwater is $330,000 and $315,000 for St. Petersburg. Property values are continuing to rise at an above average rate, but in the near future they will likely begin to level out. In keeping with the history of real estate, values will likely pivot downward at some point. That's just how the periodic cycle of property values works! Now may be the best time to sell your home as you likely have gained considerably more equity.
The Pinellas area is quite popular for boating, fishing, watersports, and golfing. From the many white sandy beaches to the best restaurants and St. Pete nightlife, there is something to appease even the most laid back of people. There are some great sights here, including the Sunshine Skyway Bridge and the historic Don Cesar Hotel and Fort De Soto Park. Florida is home to a diversity of wildlife, tropical birds, and marine animals as well as swamps and palm trees which makes it attractive for hunters of all sorts.