Would you take an early retirement?
Many of our clients are feeling pressure and anxiety about planning for their retirement in 3 to 5 years.
I don’t blame them because we don’t know what the stock market will be like when they want to retire. Their 401ks are looking great today but if the market crashes they may have to continue working.
Our client’s top two sources of savings for retirement are in stocks and their real estate holdings.
The same uncertainty exists with their home’s equity. In 3 to 5 years will we still have a strong housing market? Nobody knows.
What our clients have found is that they would rather lock in their real estate price now securing their equity. They purchase a home in the area they want to retire or will rent until they retire.
They don’t care if prices go up because they want the certainty that when they want to retire they will be able to retire.
I don’t blame them for selling. We are experiencing the highest prices ever recorded in real estate. This is because of COVID-19, Inflation, and ultra-low interest rates. I’m not saying it is a bubble but, prices are up 25%++ in 18 months in WA State.
Our team has expanded our listing marketing and strategies across Washington State!
If you have a home that is your nest egg for retirement find out what it is worth today.
E-mail me at firstname.lastname@example.org with your address and where you are going.
Or talk to a real live listing specialist in Washington State at 509-255-8070. If you are like me you appreciate talking to a real person that is an expert.
Nick McLean Real Estate