Sell Low, Buy Lower: How This Market Can Benefit Move-Up Buyers

🏡 Thinking of Selling Your Home but Worried About High Rates and Lower Prices? Here’s What You Should Know

If you’ve been thinking about selling your home but feel stuck because interest rates are higher and home prices are adjusting—you’re not alone. At first glance, it may feel like now’s not the right time. But what if I told you that this market could actually work in your favor—especially if you're planning to move up to a higher-priced home?

Let me explain.

📉 Lower Prices Can Equal Bigger Savings

Yes, home values have come down a bit—but that’s happening on both sides of your transaction. So while you might not get top dollar for your current home, you're also likely getting a better deal on the home you're moving into.

Here’s a quick example:

• You sell your current home for $430,000 instead of $450,000.

• You buy your move-up home for $700,000 instead of $750,000.

That’s a $20K loss on your sale—but a $50K savings on your purchase. That’s a net gain of $30,000 in your pocket. 🙌

🏦 About Those Interest Rates...

It’s true—rates are higher than they were a few years ago. But they won’t stay that way forever. When rates drop again (and historically, they always do), you’ll likely have the option to refinance and lower your monthly payment. Just remember:

✅ Make sure you’re comfortable with your monthly payment today
🚫 Never buy a home assuming you’ll refinance
🎯 Think of a refi as a bonus—not a strategy

Why It Might Be the Right Time Now

If you're waiting for rates to drop and prices to rise again, remember: that could mean selling for more but also paying more for your next home. Timing the market perfectly is tough—even for the pros. Focus instead on what works for you and your goals.

📲 Have questions about your options? Let’s sit down and run the numbers.
I’m here to help you make a move that makes sense—not just one that sounds good on paper.

Call or text me anytime:
Sid Magill
📞 801-540-6401
JPAR Silverpath Realty
Sid Sells Houses