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Strong demand continues, especially in high-growth areas. Be aware of increased competition from new builds and price your home competitively. Understanding regional dynamics and working with an experienced agent is key to success.

Would you rather sell your home Fast or Sell Smart?

Selling Fast:
Advantages: Get immediate cash, dodge ongoing costs, and shield yourself from market volatility.
Disadvantages: Might accept a lower price, attract bargain hunters, and signal desperation.
Best for urgent financial needs or major life changes, and when holding costs are high.

Selling Smart:
Advantages: Maximize sale price, time the market right, and have stronger negotiation power.
Disadvantages: Takes longer to sell, incurs ongoing costs, and exposes you to market risks.
Best when there’s no rush to sell, anticipating market appreciation, and can handle ongoing expenses.

Pro Tip: Assess your financial needs, evaluate the market, consider costs, and consult with an experienced real estate agent like myself.

This trick will eliminate your capital gain obligation! Here’s how you can potentially save big:

Primary Residence Exclusion: If you’ve lived in your home for at least 2 out of the last 5 years, you can exclude up to $250,000 of capital gains if you’re single, or $500,000 if you’re married.

Partial Exclusion: Didn’t live there for 2 years? You might still qualify for a partial exclusion if you sold due to work, health reasons, or unforeseen circumstances.

Home Improvements: Keep records of home improvements. They add to your home’s basis and reduce your capital gains.

1031 Exchange: If you’re selling an investment property, consider a 1031 exchange to defer capital gains by reinvesting in a similar property.

Consult a Tax Professional: Always check with a tax professional to ensure you’re taking advantage of all possible exclusions and deductions.

Save money and keep more of your hard-earned equity!