Is Now a Good Time to Sell My Milwaukee House or Should I Wait?
Is Now a Good Time to Sell My Milwaukee House or Should I Wait?
Deciding when’s the “perfect time” to sell your home is never an easy choice. You have to examine if your personal timeline aligns with Milwaukees’s housing market conditions as well.
Current Market Conditions
First off, the bad news. As inflation has risen dramatically in the U.S. over the last several months, the Federal Reserve has risen interest rates in an attempt to slow inflation. This means that people will have less money to spend on a house because they’ll have to factor in paying a higher interest rate on their mortgage each month. You’ll also have to reconsider what kind of house you can afford and how the increase in interest rates will affect you.
Now for the good news. Despite the rise in interest rates, the housing market continues to be highly competitive in Milwaukee as many buyers are looking to escape renting and aspire to have an asset they can use to build equity over time. Many buyers continue to bid over the asking price and bidding wars continue to be a common occurrence.
Is Now a Good Time for You to Sell?
It’s always best to try and sell your home when interest rates are lower since there will be a larger number of potential buyers. However, despite the higher interest rates that are out currently, many buyers haven’t been deterred from making a home purchase.
The answer to the question really comes down to your own personal situation. If you don’t have a solid game plan for what your next move is going to be or how much house you can afford with the change in interest rates, then it may be best to wait to sell your home until after interest rates lower again.
On the flip side, no one is exactly certain when interest rates will lower, so if you’re feeling like you can’t continue to wait to sell your home, then it could be better to sell sooner, rather than later. There’s also no guarantee that the Federal Reserve won’t raise interest rates again, so it could be better to make a move now.
Use a Cash Home Buyer as Another Option
Regardless of the housing market’s current conditions, a cash home buyer is an excellent solution for selling your home in Milwaukee. The cash buyer will come to your home and evaluate it and then make you an offer based on the research they conduct during the evaluation. You’ll then be able to compare their offer to the potential profit you’d have from selling your home traditionally.
Be sure to look at what percentage most realtors in your area charge for a home sale and factor that into the price you could sell your home for. In many situations, using a cash buyer is a faster solution that will save you a lot of headaches and you could even make a greater profit since a realtor wouldn’t be involved.
If you’re interested in learning more about the cash home buying process, contact Fair Deal Home Buyers at
414-409-8251. We buy houses in Milwaukee in any condition and would love to get you a fair cash offer today!
Everyone that I worked with was genuine and helpful through the whole process. I think highly of the company and everyone I talked with in person and by phone/text. I highly recommend this company.
We have enjoyed working with everyone from Fair Deal Homes. Everyone from you and Peter, to the inspectors, to Jackie at the title Co, were all a pleasure to work with.
This was an awesome experience. Fair Deal Home Buyers were exactly that--fair dealing. Peter and Shan were both excellent in helping us, explaining the process, and providing a smooth transaction. This was an excellent experience from start to finish. I could not be more pleased! Totally first rate all of the way!! Thanks, Fair Deal Home Buyers!!
This was a great process for me there were no hidden things that came up everything that was said at closing was delivered the staff was very helpfulf especially Beza she was awesome. I would highly recommend fair deal to anyone.
It was very enjoyable working with this company . They are very understanding . Hard working and move as fast as you want them too. I would definitely use this company again. Thank you very much Ben have a great day!!
The process was way easier than I ever would have thought! Fair Deal is by far the way to go! Everyone is super helpful, up front about everything truly top notch the list goes on! From the first phone call to start the process of selling to the closing was nothing less than perfect! Beza was super helpful and prompt on any ? Or concerns we had.
Fair Deal Home Buyers were excellent to work with in selling our home from start to finish. They were upfront and honest through out the process. I highly recommend them.
Everything went smoothly and everyone made time for our work schedule as well for our dogs scheduled I would recommend fair deal home buyers LLC to all who seek to sell there home thanks to all who helped
I recently had the pleasure of working with Ina at Fair Deal Home Buyers, and I must say, it was an outstanding experience from start to finish. Ina's professionalism, expertise, and genuine care for her clients truly set her apart. I wholeheartedly recommend her services to anyone in need of assistance. Thank you, Ina, for your outstanding help!
My experience with Fair Deal Home Buyers was extremely professional and highly ethical. The entire team communicated daily with any updated information needed to streamline my selling process. I recommend Fair Deal Home Buyers for those in search of a highly ethical, professional, and team oriented real estate company.
If you are looking to sell your house, Fair Deal Home Buyers LLC are very professional and they won’t try to low ball you on the value of your property. Very respectfull and helpful when you have questions or concerns. Beza was my main contact and she was wonderful and prompt getting back to me with the questions I had and processing the paperwork. If you are looking to sell your house, give them a call, you won’t be disappointed.
Polite courteous very professional staff everybody I work with there understood my needs and worked in cooperated to make sure that they happened . I would highly recommend them to anybody.
Each person was easy to work, very professional. The process was quick and went smooth each step of the way. Would recommend Fair Deal Home Buyers to anyone who looking to quickly sell their home
If you find yourself needing to sell your house quickly and want to work with trustworthy home buyers who offer fair deals and exceptional service, Fair Deal Home Buyers are definitely the way to go. I couldn't be happier with the outcome. Give them a call, and you won't be disappointed.
Fair deal home buyers are a life savers, I had an urgency to sale my parents house that I inherited and had some complications with the POA but Amir Erez was so helpful speeding up the process with their lawyers and in three weeks they closed on my house and I got cash in my hand to be able to move on. Thank you guys for your help. Definitely recommend it.
Our experience selling our home with Fair Deal Home Buyers was a positive experience. They were quick, efficient, and worked with us, even though we were no longer in town.
We had such a great experience working with Nina. She made the process so easy! She presented our options clearly so we were able to make an informed decision to sell our house quickly. She listened to us and paid attention to every detail - HIGHLY recommend!
As a buyer from fair deal, I would recommend them! They were fast in their communication, kind in their interactions and clearly seems to have everyone’s best interests at heart. Working with Tiffany was a great experience. I love working with people who are kind, fair and clear in their communication. I’d recommend them to others, and have! -Dave
Fairdeal Home Buyers is an outstanding company. The process with them was seamless with no surprises at all. They closed in a timely fashion and I received my asked for my property.
I am very happy with the service I have receive from Fair Deal Home Buyers. The whole procces has been very simple and easy to understand. I'm moving in from out of state and i don't think I could have found a easier and better way to move in to my new home. Thank you so much.
I recommend Fair Deal Homebuyer well detailed information about what to expect from them it was fast deal they offer and we agree .It was really fast and fair
They are great to work with. Professional, kind, responsive and straight forward. I learned getting a cash offer for a house does not have to be complicated or take a long time, thanks again!