Tuesday, June 11, 2013
Business Insider - The Case For Selling Your House Now... Even If You Think Prices Are Going To Rise
Mortgage rates are on their way back up.
U.S. household net worth just hit an all-time high.
These are among the reasons why Zillow CEO Spencer Rascoff says it's now time to sell your house (via Jim the Realtor).
In an appearance on CNBC this morning, Rascoff says an ongoing lack of supply — the result of people still trapped by negative equity — and steady demand will only drive rates up further in coming years,
That means it'll be more expensive to buy a home at a given price down the road than now.
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