We’re fairly certain, if you’ve ever ordered a meal at McDonalds, you’ve been asked this question: “Would you like to upsize that?” While most of us would only apply the term “Upsizing” when ordering french fries or a soft drink. It’s also the word that’s commonly used in the real estate market when referencing a homeowners’ decision to move from a smaller home to a larger one.
Why are we choosing to point this out? Well, after experiencing a pricing bubble in 2022, when property values soared to new levels and buyers paid premium prices in order to own a home amid fierce competition. The data from the first 6 months of 2023 has not only proven the market place to be a far more stable environment, but it’s also reporting that 2023 is the year that many homeowners are choosing to use the equity in their current property to “Upsize” their living arrangements.
Though we’re NOT going to check in to see what your answer was in regards to the size of your fries or soft drink … We are prepared to ask if you’ve decided that 2023 is the year you’re going to upsize your home? If you’re ready to make a move upward, we’d be happy to chat and discuss the options
INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED