Fellow Dale City Residents and Dale City Home Owners
Can you believe it property values in Dale City are up significantly continue reading to get a Dale City Real Estate Market Update. The Real Estate market in 2021 has appreciated quite a bit and all our Home Values have gone up giving everyone a lot more home equity. If you are interested in finding out what your home is worth or you would like to track your Dale City Home Values below are two links for you:
Year over year prices in the Dale City area have gone up by the above numbers should update and the below numbers are taken as of December 2021. The changes show Year over Year price increases in Dale City Real Estate Market:
Why Now is a Great Time to consider Selling your Home
Throughout 2021 we have seen supply and demand issues everywhere but in particular in the Housing Market we have seen a low inventory of homes for sale. This is why we have seen so many multiple offer situations with buyers competing against each other to get sellers to choose their offers. New Home Builders are struggling to keep up with demand and interest rates have remained at historic low levels, but this might be changing in 2022. The Mortgage Bankers Association’s forecast predicts that 30-year rates are going to be at 4% by the end of 2022. Fannie Mae’s forecast points to a slower year of sales but not by much. As long as interest rates remain low buyers have higher buying power. Once rates increase some buyers might no longer qualify for the homes they want.
Increase in Home Equity
With the increase in Home Values all Dale City Home Owners should have much more equity in their homes. With the increase in equity you can get much more proceeds when selling your home. The low inventory of homes for sale along with the increased demand have pushed home prices up.
With the looming interest rate increase buyers are very motivated to get homes while rates are still low. Also the spring Real Estate Market is just around the corner, lots of buyers normally are looking for homes in the spring.
If you are considering selling your Dale City property, it would be my pleasure to provide you with a current market analysis of your property value, help you get your property ready for market and guide you throughout the entire sales process. Or you might just be interested in finding out what your home is currently worth. Whether you are ready to sell now or in the near or distant future or never I am here for my neighbors for all your Real Estate questions.
I have assisted may Dale City Home Owners with the Sale of their Dale City Home and since I live and work in Dale City I have a vested interest in our Home Values. My proven track record speaks for itself or you can check out what some of my clients are saying right here:
Claudia S. Nelson
Call or Text 📞 (571)446-0002
Claudia’s Tips for Home Sellers 👉 click here
Track your Homes Value 👉click here
Find out your homes value 👉 click here to get an instant value
Pro tips for home buyers 👉 click here to learn more
Follow me on Social Media
eXp Realty ~ Woodbridge, VA ~ 703-665-3362
Licensed Salesperson in the Commonwealth of Virginia