3 Things Sellers Should Know Before Selling In 2016

3 Things Sellers Should Know Before Selling In 2016

There are three dominant trends in real estate that sellers should be aware of going into the new year. CNNMoney recently asked industry insiders to share what will be important when it comes to selling a home in 2016.

Image title


A seller's market dominates. Home prices have been climbing so much that they're even matching their 2006 highs. Seller's markets are more dominant in certain cities such as San Francisco, where bidding wars are widely reported and offers go well above asking price. "The more lucrative a region's economic future appears to be, the easier you can expect it to be to sell a home," according to the article. 


Mortgages will get pricier. Low mortgage rates have been the standard in the last few years, but that will soon change. The Federal Reserve is gradually beginning to raise rates, which will move mortgage rates higher and dampen affordability. Sellers should be aware that it may become more difficult for prospective buyers to secure financing. 


Tax benefits still abound. The largest tax break for ordinary taxpayers who qualify remains the exclusion on capital gains for the sale of personal residences. Single taxpayers are able to exclude a maximum of $250,000 in gains from the sale of a home. Joint filers get double that: $500,000.


Want to know what you could sell your house for in 2016?  Contact me for more info and to schedule an in home consultation today!



JP Piccinini Headshot
Author:
Phone: 480-980-9025
Dated: January 28th 2016
Views: 675
About JP: JP Piccinini is CEO and Founder of JP and Associates REALTORS (JPAR), Founder and CEO ofOdasi Real E...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

DFW Market Is Shifting - http://www.brittanydueyrealtor
2 Ways To Get The Most Money From The Sale Of Your Home -  Real Estate with  
Teeing It Up Around Keller - Yes, I'm a woman who loves to golf
Improving Your Home With Insulation - When it comes to home ownership,

Our Bloggers

Comprar Casa DFW * - 4
The Doyle Team * - 5
Gabrielle Armstrong - 5
Cara Balderas - 73
Tami Bennett - 45
Ramon Bermudez - 4
Justin Blackburn - 1
Jessica Boozer - 18
Rhonda Borgne - 1
Olivia Borowski - 1
Jennifer Boyd - 2
Jamie Brannagan - 1
Annette Bruen - 47
Moira Brunken - 18
Beverly Bryant - 24
Ana Cantu - 1
Bob Cardillo - 4
Lisa Cardillo - 53
Lisa Carroll - 2
Lucina Cervantes - 11
Michael Chatman - 2
Gregory Cornett - 2
Angela Cotten - 97
Missie Craig - 12
Melisa Crooks - 1
Greg Cunningham - 2
David Darty - 1
Sarah Dieter - 9
Brittany Duey - 1
Belinda Duff - 5
Eva Duffy - 8
Leah Ecob - 15
Kristine Edens - 3
Jill Elliott - 99
Laneal Ernest - 9
Nicole Espinosa - 27
Christopher Evans - 1
Heather Feragotti - 8
Mark Fischer - 2
Susan Florsch - 12
Jennifer Flynn - 9
Larry Frassinelli - 6
Chad Gabriel - 58
Marcos Garza - 1
Shalee Garza - 10
Tammy Gill - 1
Timothy Gilliam - 2
Christina Gonzalez - 5
Wilma Goodwin - 2
William Graves - 5
Roxann Hailey - 1
Jimmy Hanks - 1
Kristen Henderson - 2
Candie Hernandez - 10
Beth Herr - 1
Hunter Howard - 1
William Hurd - 3
Gary Hutchings - 20
Felicia Johnson - 79
Marla Johnson - 1
Trenton Johnson - 15
Dakota Joyner - 9
Sunil Kanjia - 8
Jemi Khan - 26
Leigh Klotz - 5
Amber L Johnson - 10
Michele Lafortune - 22
Maria Lopez-Jones - 1
Stacy Lynn Massar - 27
Chuck May - 1
Mikki Migis - 8
Richard Mikus - 1
Sean Moniri - 21
Naddia Morales - 10
Candace Mozingo - 1
Mark Mulch - 19
Steve Murray - 1
Julie Nicholson - 10
Nikki Okpuzor - 3
Alan Oliver - 7
Kaysone Orlando - 1
Holli Paddio - 3
JP Piccinini - 992
Julie Ann Pickering - 85
Ann-Marie Pope - 2
John Priestash - 57
Mimi Rader - 1
Shelia Randolph - 33
Teneka Ray - 1
Go 2 Girls Realty - 173
Kristi Roy - 1
Kelly Rumney - 9
Amy Jo Saenz - 3
Linda Scardis - 4
Sandy Setliff - 222
Christine Shannon - 30
Rene Sinclair - 27
Bryce Smith - 5
Rebecca Smith - 1
Shelby Smith - 3
(Allen) Mehrdad Solhjoo - 3
Monica Solkhon - 1
Malena Solorzano - 1
Rodrigo Sotomayor - 16
Drew Spears - 4
Jenna Stanley - 9
Tim Stoll - 52
Kelley Stubbs - 3
Melodie Sulgrove - 1
Judy Tapscott - 1
Angela Taylor - 1
Erica Taylor - 54
Julian Taylor - 17
Kevin Taylor - 16
Mary Taylor - 15
Seana Taylor - 217
Rosalia Tejeda - 1
Karla Terrell - 2
Michele Thompson - 6
Jason Todd - 24
Andrea Trimble - 55
Sarah Uber - 5
Diane Velez - 18
Debbie Viverito - 132
Rachel Walsh - 2
Nick Walton - 79
Spring Weeks - 9
Clint White - 2
Christopher Winkler - 2
Martina Worley - 2
Keisha York - 30
Audra Young - 1
Debbie Zurita - 17

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

JP And Associates REALTORS
6136 Frisco Sq Blvd, #200
Frisco, TX
972-375-9448
0