[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1xlpeugl9pmys":3,"$ffeh0925h8cuz":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},790,"looking-to-move-up-to-a-luxury-home-nows-the-time","Looking to Move-Up to a Luxury Home? Now’s the Time!","If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared \u003Ca href=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fen\u002F2017\u002F03\u002F15\u002Fa-tale-of-two-markets-inventory-mismatch-paints-a-more-detailed-picture\u002F\">data\u003C\u002Fa> from \u003Cem>Trulia’s Market Mismatch Study\u003C\u002Fem> which showed that in today’s premium home market, buyers are in control. ","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F03\u002F20154932\u002F20170329-Share-STM.jpg","If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared \u003Ca href=\"http:\u002F\u002Fwww.simplifyingthemarket.com\u002Fen\u002F2017\u002F03\u002F15\u002Fa-tale-of-two-markets-inventory-mismatch-paints-a-more-detailed-picture\u002F\">data\u003C\u002Fa> from \u003Cem>Trulia’s Market Mismatch Study\u003C\u002Fem> which showed that in today’s premium home market, buyers are in control. \u003C!--more-->\r\n\r\nThe inventory of homes for sale in the luxury market far exceeds those searching to purchase these properties in many areas of the country. This means that homes are often staying on the market longer, or can be found at a discount.\r\n\r\nThose who have a starter or trade-up home to sell will find buyers competing, and often entering bidding wars, to be able to call your house their new home.\r\n\r\nThe sale of your starter or trade-up house will aid in coming up with a larger down payment for your new luxury home. Even a 5% down payment on a million-dollar home is $50,000.\r\n\r\nBut not all who are buying luxury properties have a home to sell first.\r\n\r\nIn a recent \u003Cem>Washington Post\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.washingtonpost.com\u002Frealestate\u002Fhigh-income-millennials-use-their-buying-power-on-luxury-homes\u002F2017\u002F03\u002F14\u002Fb63924d0-9d59-11e6-9980-50913d68eacb_story.html?utm_campaign=buffer&utm_content=buffer2eb3c&utm_medium=social&utm_source=twitter.co\">article\u003C\u002Fa>, Daryl Judy, an associate broker with Washington Fine Properties, gave some insight into what many millennials are choosing to do:\r\n\u003Cblockquote>\u003Cem>“Some high-earning millennials save money until they are in their early 30s to buy a place and just skip over that starter-home phase. They’ll stay in an apartment until they can afford to pay for the place they want.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThe best time to sell anything is when demand is high and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs, and are looking to step into a luxury home… Now’s the time to list your house for sale and make your dreams come true.","\r\nThe best time to sell anything is when demand is high and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs, and are looking to step into a luxury home… Now’s the time to list your house for sale and make your dreams come true.",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up","2017-03-29T10:00:21Z","2017-08-17T13:22:56Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},789,"millionaire-to-millennials-buy-now","Millionaire to Millennials: Buy Now!","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F03\u002F20152201\u002F20170328-Share-STM.jpg","2017-03-28T10:00:03Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},791,"consumer-confidence-in-economy-housing-is-soaring","Consumer Confidence in Economy & Housing is Soaring","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F03\u002F20163257\u002F20170330-Share-STM.jpg","2017-03-30T10:00:55Z",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[47,51,52,56,60,64,68,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},6,"For Sellers","sellers",{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":65,"name":66,"slug":67},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":25,"name":26,"slug":27},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]