Are you moving from the area and are concerned that you may not be able to complete an equity sale on the Venice real estate market? Had you thought about selling a few years ago but your mortgage was still upside down? Well, today we have got some great news for you and all those other homeowners that are in a situation similar to yours. Many homeowners that found themselves underwater a few years ago no longer are, thanks to the rebounding Venice real estate market.
The real estate market throughout the country is slowly rebounding and the Venice real estate market is one of those places that are seeing vast improvement over the past few years. Just since last summer home values have increased a little over 39%; if your home value increased that much it is highly likely you will be able to complete an equity sale when it is time for you to relocate.
Not only are home values increasing on the Venice real estate market, Venice real estate agents say that the average sale price for homes in the area has also increased almost 30% and listing prices have increased 10%. Things are definitely looking up for homeowners that once were upside down on their mortgages and Venice real estate agents say that the Venice real estate market is once again turning into a seller’s market.
If you’d like to find out how much equity you have in your home and whether or not you can complete an equity sale reach out for help and information from a Venice real estate agent. They will be able to answer all of your questions, tell you just how much the Venice real estate market has improved over the last few years and why now is the right time to list your home for sale.