Maybe you're thinking about selling in the next couple of years, but here's why you should consider selling now:
On the selling side, there's very strong demand for well-priced properties. A three-bedroom mid-century home on Requa just garnered 12 offers (the young families are likely battling the move-down buyers looking for level living) and a contemporary home on Maxwelton with four bedrooms upstairs is hearing at least four offers this afternoon. Both homes will sell with fewer than the "standard" 14 days on market. Together with a three-bedroom home on York that went pending late last year with three offers, they demonstrate that as always, buyers are anxious to move to Piedmont. The story is different now though--we have half as many properties as usual hitting the market through the year, and the mid-market $1 million to $1.5 million homes are particularly hard to find these days.
On the buyer side, interest rates remain near historic lows, and many buyers feel we're now past the bottom of the market--they're ready to jump in. Carrying costs are in rough allignment with rents right now, and with a number of school districts facing major budget cuts, and private school tuition escalating as usual, Piedmont's great schools look ever more attractive.
Don't forget that if your junior has attended PHS for the past three years, you can secure "senior privileges." Your child can attend PHS for his/her final year, even if you're living in your move-down location.
Now may be the perfect time to put that house on the market! Call me for more info about the market, and to get a competitive market analysis of your home's value.
And meanwhile, if you've ever thought of retiring to the Benecia area, take a look at this new listing! I'm ready to move right now!