Things to Consider When Selling_JeffB by Jaqua Realtors

Consider When Selling Your House

FALL 2022 EDITION 414 W. Milham Ave. Portage, MI 49024 Jeffrey Bohnsack REALTOR® (269) 217-4742 jbohnsack@jaquarealtors.com 414 W Milham Ave. Portage, MI 49024

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here’s no denying the housing market is undergoing a shift this season, but that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall. 3"(40*'5'3+00'67'8(4&+'!"#&'9+.,:

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F"#/%0&#GH0+*I#;-#J&%?+,E#7I#K'C%&L#D6%0,*-

you’re thinking about selling your house this season, let’s connect so you have the

insights you need to make the best possible move today.

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expert

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“Home equity gains are built up through price appreciation and by paying off the mortgage through principal payments. . . . A homeowner who purchased a typical home five years ago would have gained $125,300 from just price appreciation alone.” ! "#$%&'#()*++&,%#$%&')&-)./#($&0+

# ;<=+,2'5$&#%"2&'1(,' !(*.7>&'3+00+,& Thinking of making a move this fall? Here’s what experts have to say about the market and where it’s headed so you can make a confident decision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xperts in the real estate industry use a number of terms when they talk about the latest home price trends. To help clarify what’s happening and where experts say prices are going, here’s a look at a few terms you may hear: 8(A+'B,#C+'D+C+0+,.2#($'D(+&$>2 6+.$'D+=,+C#.2#($

L>;*,+$(/',**(+./+:(&/+%"&/77-:(1./+(1*6,*($**%&'(+"=/-(%$(.#9#4#-/'*%"4(<./+(8*/&$(."8*(;,%2*$( /,*(/;;,*2%/+%&':(N#$+(&"+(/+(+.*(,*2",=O0,*/9%&'(;/2*(+.*-(./)*(")*,(+.*(;/$+(-*/,4(<.*(',/;.( 0*7"1($."1$(."8*(;,%2*(3",*2/$+$(3,"8($*)*&(%&=#$+,-(7*/=*,$4 H(*,$0#/-8$#>3#-',$3-%?#9'$(%5#$ 3-*9#,$1*44$/33-#9*/'#$/'$/$.#9#4#-/'#.$3/9#$%&$/-%2".$IIJ8$%"$/=#-/+#$

@%**%6#>+,'

Experts forecast price deceleration, not depreciation. If you’re ready to sell, let’s connect so you have a full picture of what’s happening with home prices in our local market and what that means for you.

@*..(6/"98(<.'%4CM 2R22#8%6'#B&+C'#S%&'C9-*Based on Expert Projections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

According

the

Equity can be a real game changer if you’re planning to make a move.

latest data from CoreLogic, the average homeowner gained $64,000 in equity over

past year, a number that grew substantially as home values appreciated. ') 8%6'%?,'&#GH0+*I#J9+,-#(1'&#*4'#B9-*#/'9& !"#$%&'(6"$&7"8/% E+C(,*';F4#27'?.#$&').$ B(@+,'9(4,'G+<2'6(H+

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+.*%,(."8*()/7#*(%$(*>;*2+*=(+"(',"1(")*,(+.*(&*>+(3%)*(-*/,$4 @%**%6#>+,' Let’s connect to determine how much equity you have in your current home and how you can use it to help you make your next move today. !"#$%&'(9:;!(<=<<(<> B%*',*+9=#8%6'#B&+C'#J&%?*4#(1'&#*4'#5'Q*#T#/'9&Based on Projections from the Home Price Expectation Survey Potential growth in household wealth over the next five years based solely on increased home equity if you purchased a $390K home in January of 2022. !"#$%&'& !"#$%$$$& !'()%(*$& !'''%+"+& !',*%#--& !'*"%-"'& !'#(%*-*&

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estate agent has essential insights you’ll want to

go at it alone.

you plan to

on throughout the

have an

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real

rely

transaction. Don’t

sell, let’s connect so you

expert on your side.

“The housing market is at a turning point. . . . We’re starting to see signs of a new direction, but the ball is still in sellers’ courts in most housing markets.” I/&%*77*(!/7*:(K.%*3(L2"&"8%$+:(/."'#%/0+%1 )!

Let's Chat.

I'm sure you have questions and thoughts about the real estate process. I'd love to talk with you about what you've read here and help you on the path to selling your house. My contact information is below, and I look forward to working with you. FALL 2022 EDITION 414 W. Milham Ave. Portage, MI 49024 Jeffrey Bohnsack REALTOR® (269) 217-4742 jbohnsack@jaquarealtors.com 414 W Milham Ave. Portage, MI 49024