Daybreak, Utah News

When is it the right time to sell your home and buy another one so you can make the most money?

Many people are asking this. Well, let's go over some numbers. Say you have a $200,000 home to sell right now in the Salt Lake Valley. We would have to go over statistics for your specific home and neighborhood but for an example we will just go with a safe number. Right now the odds of selling your home in your neighborhood is 25%. What about the odds of selling a home in a neighborhood where there are $400,000 homes? The odds will drop to about 2%. As you can see there is more demand in the neighborhood currently where you are selling and less demand in the area that you want to buy. This means two things. You are selling high....and buying low.

SHOULD

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One thing about getting married is life seems to change and everything happens fast. Sometimes so fast that it leaves behind us the simple things that make it enjoyable. Daybreak keeps life simple and enjoyable.

I live in Daybreak because of what it gives me and my family.

This next Saturday Daybreak is hosting a Sweetheart’s Dance. Many married couples rarely get out to dance. But when you are dancing with all your friends in the neighborhood where you live….Memories are created. If I lived anywhere else, me and my family would never have the chance to go dance with our entire neighborhood. Plus, I didn't have to plan anything. They have a photographer, dinner, and everyone in the neighborhood goes. My wife and I look forward to this every year.

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The Question of the Year:

I hear it over and over and over. How is the market? The question that should be asked is...."How can you help me take advantage of the current market?"

Taking Advantage:

Look back at when the stock market crashed. Did you know Amazon stock was selling for about $5 a share. Today when the market improved....Amazon sells for appx $90. So when would be the best time to buy the stock. When the market was good or when the market was "bad." Yes, it would have been when the market was bad and the good time to sell was when the market was good. If you take this approach you can learn how to take advantage of when to buy.

Analyzing:

South Jordan has had 9 homes sell in the past 3 months. Currently there are 12 homes on the

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