If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home.
But there’s also a good chance you, like many other people, have been holding off on that goal because of recent market challenges. It makes sense – when you’re planning an upgrade that could increase your monthly housing costs, affordability has a huge impact on when you make your move. But there’s good news: now’s actually a great time to make that move happen. Here’s why.
You Have a Lot of Equity To Leverage
One of the key benefits in today’s market is the amount of equity you’ve likely built up in your current house over the years. Even with recent shifts in the housing market, national home prices have steadily grown, adding to the equity homeowners have today. Selma Hepp, Chief Economist at CoreLogic, explains it well:
“Persistent home price growth has continued to fuel home equity gains for existing homeowners who now average about $315,000 in equity and almost $129,000 more than at the onset of the pandemic.”
What does that mean for you? If you’ve been in your home for a few years, you’re probably sitting on a significant amount of equity. You can put that toward the down payment on your next home, helping keep the amount you borrow within a comfortable range.
Read more on KeepingCurrentMatters.com.
Horizon at Laurel Canyon is a luxurious sanctuary that combines comfort and nature, featuring thoughtfully designed homes with open floor plans, gourmet kitchens, and sky terraces for breathtaking views of the Blue Ridge Mountains. The community fosters social engagement through regular events, offering activities like yoga, book clubs, and wine tastings. Its strategic location provides access to outdoor adventures and charming nearby towns, making life at Horizon fulfilling and exciting. Ultimately, it’s a place to thrive, where every day feels like a retreat.
Check out their Sunset Video to see for yourself!
Come and see our decorated model home, The Wellington.
We also have several newly constructed homes that are starting to be built, making it the perfect time to schedule a tour. Contact Camille Gard at 770-547-6659 to schedule a tour, either virtual or in-person. If you have any questions about our available homes and incentives, please don’t hesitate to email Camille at camille.gard@bhhsgeorgia.com. Our team is thrilled to help you find your perfect home!
There is more to see at the Horizon at Laurel Canyon so click here to see amenities.
Homes priced from the $900’s
Directions: I-575 North to Exit 20 turn left onto Riverstone Parkway. Turn Right @ Reinhardt College Parkway, turn Right on Waleska GA 140. Turn Left past Publix, turn Left on Laurel Canyon Parkway, travel 1.3 miles to Laurel Canyon.
Office Hours:
Mon – Sat: 11am – 5:30 pm
Sunday 1pm – 5:30 pm
Information Center at 101 Summit View Court, Canton, GA 30114