Market Updates July 31, 2022

Since 2000, Your Home Value On The Westside Has Increased More Than 200%- Up To 280%. Now What?

Since 2000, Your Home Value On The Westside Has Increased More Than 200%- Up To 280%. Since 2020, Your Home Value On The Westside Has Increased Up To 21%…Now What?

Are you aware of your current value and equity position?

Home values have increased significantly, and for many homeowners who have owned their homes for a much longer period of time have an even greater percentage of increase and may be very surprised at the current market value.

The strength of this “sellers-market” for long-time homeowners is an optimum time to consider seizing the opportunity to simplify your lives and take full advantage of selling your highly appreciated home.  Some things to consider.. .

* Leveraging your new cash position by downsizing or moving to an area where the cost of living and state taxes are less.

* Seize the still-remaining $250,000.00 per person exemption from capital gains taxes, and also utilize the property-tax carry forward to a lower cost home in a new development or anywhere in California. (Be sure to consult with your personal tax-advisor or financial consultant.)

 

Homeowners who are interested in a FREE market analysis can call Lindsay 323.698.2528 or email lindsay.mcgrail@cbrealty.com