Home sellers will be pleased with this year’s real estate trends. Depending on location, property value, and the economic outlook in the area, homeowners selling a home could gain big profits. Clients choose RE/MAX Homes & Hills Realty as their preferred real estate company to buy and sell residential property, recreational property, and vacation homes. Located in Black River Falls, WI, RE/MAX Homes & Hills Realty wants homes sellers to be aware of the current real estate trends in 2016.
- A Seller’s Market: CNNMoney predicts this year will be a seller’s market depending on location. Homeowners in Black River Falls are at an advantage when selling because of the location. This small city is surrounded with lush green lawns, trees, and attractive homes. Jim Haldeman, a realtor at RE/MAX Homes & Hills Realty, will tell buyers and out-of-state investors all they need to know about the best areas and property value in the area.
- Rising Interest Rates: At the end of 2015, the Federal Reserve raised interest rates on mortgages to 0.25% and 0.5%. When contacting a realtor, be sure to ask any questions or concerns about rising interest rates because they are there to help. The economy has picked up in the past few years, and the housing market is looking positive. These rising interest rates are expected to increase higher in the future. Homeowners should try selling a home sooner rather than waiting.
- Attractive Tax Benefits For Home Sales: The attractive tax benefits give home sellers the upper hand because more people would rather buy a home than rent one to get the tax breaks. Homeowners will qualify for big tax breaks if they meet all the requirements.
For more information on real estate trends or how RE/MAX Homes & Hills Realty will help in buying or selling a home in the Black River Falls area, call (715) 284-0610 today. You can also find them online.