You may want to sell your large house because it is worth a lot of money right now, but you are worried. You are asking yourself, “If I sell my home today, where will I go?”
In San Diego, there are 12.4% fewer homes for sale than last year. This inventory pinch means there are not many homes to choose from. It can feel scary to sell your home when you aren’t sure you can find a new one.
But if you own a large estate—something over 6,000 square feet, you have a special opportunity. I call this the Sell High, Buy Smart strategy.
Right now, the market for big estates and the market for smaller luxury homes are moving in different directions:
• Big estates – Prices are up 8.9%. Your large home is worth more than ever.
• Luxury condos/smaller coastal homes – Prices are actually down by 1.5%. Even better, there are 5.6% more of these homes for sale than last year
This is your chance to sell your big house for a record price and buy a beautiful, smaller home for less.
You don’t have to worry about being ‘homeless’ between moves. We use three main tools to protect you:
1. Contingent Sales: This is a special agreement where you only buy your new home after your old one officially sells. If your house doesn’t sell, you don’t have to buy the new one.
2. Rent-back Agreements: This lets you stay in your old house for a short time after you sell it. You pay “rent” to the new owner while you finish packing and move into your new place.
3. Relationship Banking: You can connect with banks that offer special perks. They can help you get the money for your next home early so you can shop with confidence.
You deserve a home that fits your life today without the stress of managing a massive estate. If you are ready to explore the San Diego market, I am here to guide you. Whether you are selling your home or looking for that perfect coastal home, I, Shirin Rezania Ramos, have the experience to make your transition smooth and successful. Reach out to me today at 858-345-0685 to start your journey.
Know your home’s worth, click here.
Homes for sale in Carmel Valley click here.
Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
