There’s
no doubt that today’s housing market is changing, and everything we see
right now indicates it is time to sell. Here’s a look at why selling
now is likely to drive the greatest return on your largest investment.

Home values have been appreciating for several years now, growing at a
strong, steady, and impressive pace. In fact, the average annual
appreciation rate since 2012 has nearly doubled the average rate from the more normal market of the 1990s (think: pre-bubble).Appreciation,
however, is projected to shift back toward normal, meaning home prices
will likely keep climbing over the next few years, but they are not
projected to continue to increase at such a high rate.

Here’s What That Means for Homeowners:

Appreciation Is Strong: It Might Be Time to Sell | Keeping Current Matters

As noted in the latest Home Price Expectation Survey (HPES) powered by Pulsenomics, experts forecast an average annual appreciation rate closer to 3.2% over the next five years,
which is more in line with a historically normal market (3.6%). The
good news is, there’s still time to take advantage of the current
strength of home prices by selling your house now.Looking
at the projections as they stand today, 2019 is slated to drive the
strongest appreciation as compared to the upcoming few years. With
average home prices still on the rise, the pace at which they are predicted to continue increasing will likely soften by 2020.

Bottom Line

If you’re thinking about selling your house, now is a great time to
make your move. Don’t get stuck waiting until projected home price
appreciation rates potentially re-accelerate again in 2023. You’ll
likely earn the greatest return on your investment by selling now before
the prices start to normalize next year.