Florida Home Owners Have Record Amounts of Equity! Should You Sell?

Jul 25, 2022

Listing Agent Florida | DRJ Real Estate Agency

Florida Home Owners: Take Advantage of Record High Home Prices, Cash Out!

If you’re a Florida homeowner, then you probably had a pretty good year in 2021. That’s because the real estate market was booming, and as a result, home prices were on the rise. And while rising prices are always good news for sellers, they also mean that equity is increasing at an impressive rate. Equity is the amount of cash that goes back to the seller after thecontac sale closes. In 2021, a report by Core Logic showed that the average American homeowner saw their equity grow by $55,000. But in Florida? Home owners saw an average increase of over $76,000! So if you’re lucky enough to own property in The Sunshine State, congratulations – your equity just went through the roof!

the average home owner in America saw their equity grow by about $55,000 in the year 2021. The even better news? That number was even higher for Florida home owners!

Florida See’s Record Home Values

If you’re thinking of selling your Florida home, now is the time to do it. With equity values this high, you’re sure to walk away with a hefty profit. So what are you waiting for? The Fed has recently increased interest rates which will start to slow down increasing home prices. Right now is the time to sell! Now, does this mean that your home will start to lose value? Likely not, at least not right now. It more likely means that we are at the peak of the Seller’s Market, and your house is not going to appreciate much more, or nearly as fast, as it has over the last several years.

It’s important to remember that real estate is all about timing. And right now, the time is ripe for selling your Florida home. So if you’ve been thinking about it, there’s no better time than the present. CONTACT DRJ REAL ESTATE if you are looking for a listing agent in Florida.

Let a Professional Listing Agent Help You Maximize Your Equity

Of course, it’s always a good idea to consult with a real estate professional before making any decisions. They can help you understand the current market conditions in your area and give you an accurate estimate of your home’s value. DRJ Real Estate has been one of Florida’s top real estate agencies for almost 20 years now, featuring trained, professional real estate experts who understand our market inside and out. When we work with someone wanting to sell their home, we start with a detailed and in depth market report. This allows us to identify the best possible listing price. With that number, we are able to create an equity sheet that will explain exactly how much you could walk away with after all transaction costs and outstanding loans are paid.

Act Now While Home Prices Are At the Top

If you have been considering either selling or buying in Polk County, Florida, now is the time! Call DRJ Real Estate today for a free consultation on the market. Are you looking for a listing agent to help you sell? DRJ Real Estate will breakdown exactly how much you can walk away with.

Additionally, we can show interested Buyers the many options that they have in the market, connect them with the best lenders, and help put them in the best home. We will also help you understand how much it actually costs to buy after all fees and services are considered.

How to Navigate the Current Real Estate Market

If you are looking to move into the beautiful Polk County Florida area, or you are looking to sell your house, then CONTACT DRJ REAL ESTATE right now to put us to work for you! We are Polk County’s premier, full service real estate team that specializes in Polk County and Lakeland real estate. 

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Listing Agent Florida | DRJ Real Estate Agency

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