Looking to sell your home and move up to a bigger house? This eGuide will walk you through the timing and how to set a proper expectation for yourself.
2. said they are considering
selling their home in 2014
71%
have a positive outlook
on housing this year
69%
have a positive outlook
on the economy this year
63%
Consumer Views on
Housing & Economy
Lending Tree Survey 2014
Mortgage.LHFS.com/NickPurchio
3. Paul Diggle
Capital Economics
We are anticipating a meaningful
increase in the supply of homes for
sale. The survey evidence suggests that
rising prices are motivating more
owners to list their homes.
4. “The oldest Baby Boomer turns 68 this year, and the
youngest turns 50. They are buying homes in droves
as their employment situation, home values, and
stock portfolios have almost fully recovered from the
Great Recession.
We are seeing strong sales
in this same demographic
throughout the country.”
- John Burns Real Estate Consulting
Boomers are starting to move…
Mortgage.LHFS.com/NickPurchio
5. BH&G 2014
Baby Boomers ready to buy a 2nd home…
said they’d likely buy a second home,
such as a vacation or beach house,
to use during retirement
25%
Mortgage.LHFS.com/NickPurchio
8. Comparison – End of 2015 Current Home Move-up Home
Current Price $300,000 $400,000
Future Price (+8%) $324,000 $432,000
Future Gain $24,000 $32,000
Total Gain $8,000
Move-Up
Seller
Mortgage.LHFS.com/NickPurchio
9. Price Rate P&I
Today $400,000 4.41 $2,005.41
End of 2015 $432,000 5.7 $2,507.33
Monthly Savings $501.92
Move-Up
Seller
Mortgage.LHFS.com/NickPurchio
10. CONTACT ME TO TALK MORE
Nick Purchio
Land Home Financial Services
Nick.Purchio@LHFS.com
Mortgage.LHFS.com/NickPurchio
925-708-8527
NMLS/CA-DBO #1098212
PurchioMortgageHouse.BlogSpot.com
I’m sure you have questions and concerns…
I would love to talk with you more about what you read here, and help you on the path to
buying a home. My contact information is below. I look forward to hearing from you…