Consider A Move To Senior Living Now
Have you been keeping an eye on the real estate market, wondering if it’s finally time to sell your home?
Thanks to low mortgage rates around the country, the real estate market is hot and Southern California is no exception. The demand for homes is in part being fueled by remote workers who are looking for more space or a new place to call home. If you’ve been considering when to sell your home and move to senior living, there may be no better time than right now.
Fallbrook’s Current Real Estate Market
The real estate market ebbs and flows, continually shifting between a buyer’s market and a seller’s market. Right now, Fallbrook is in the midst of a seller’s market boom because of high demand and relatively low housing inventory. Some are moving inland from the coast while others are looking for more space or more land. Many people are ready to move into a home that offers more room for an office or growing family, or to make an even bigger move to a new city or state now that employers have adopted more workplace flexibility as a result of the pandemic.
Although there are many buyers in the market right now, there are not enough homes to meet the demand in Fallbrook. This means property showings often have a line of potential buyers, and sellers are receiving top dollar offers to edge out competition.
The bottom line? It’s an ideal time to put your home on the market or at least begin the listing process.
The money you make on the sale of your home will give you confidence as you look to take advantage of the benefits of senior living…while letting go of the maintenance, property taxes and headaches of owning a house. In senior living communities, your costs are contained within a monthly fee that includes your monthly lease amount, utilities, and a meal plan, as well as access to amenities, services, and resources. Most older adults and their families are pleasantly surprised to see how senior living fits nicely into their fixed budget and helps them meet their overall financial goals.
Before You Sell Your Home
In order to get top dollar for your home, take time to make budget-friendly improvements that will increase the value of your home or entice buyers. Ensure your outdoor landscaping is freshened up and make any necessary repairs that could otherwise deter buyers.
Also, consider working with your real estate agent or a professional home stager to ensure your home is at its show-worthy best. Removing clutter and downsizing your belongings not only allows for better home staging, but also gives you a head start on packing down the road.
Once your home is ready to go to the market, work closely with your real estate agent to set a fair market price. During this time, take a tour of Silvergate Fallbrook, the area’s premier senior living community that has been caring for seniors and their families for more than 30 years. Remember, a senior living community offers you a maintenance-free lifestyle throughout retirement and the freedom to pursue your interests rather than remaining beholden to an aging property.
Silvergate is a vibrant hub of activity, designed to make your retirement goals a reality. The community offers a host of on-site amenities, services, and resources to enhance wellness, independence, and socialization. Senior living is often the perfect solution as you sell your home and say goodbye to the responsibilities that come with home ownership.
After You Sell Your Home
After you sell your home, it’s time to make your transition to senior living, where your current and future needs are more easily met. Work with your Silvergate’s Sales Counselor to set a move-in day and plan for a seamless transition. Now is also an excellent time to begin enjoying life at Silvergate by attending events or activities hosted by the community to get to know your new neighbors.
Join us at our next VIP Lunch & Learn on Wednesday, August 18th, 2021 to hear more from local real estate expert, Chris Hasvold with Coldwell Banker Village Properties. Find out about the latest housing sales statistics in San Diego County and the city of Fallbrook.
RSVP for a seat at the our luncheon table by calling Helen Gray at (760) 728-8880.
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