Friends and clients,

 

I write you today about the recent Fed decision to raise interest rates.

 

Don’t worry. You won’t see the cost of mortgages increase too much. It’s only a 0.25% rate hike.

 

However, as our Beverly Hills economy improves, interest rates will continue to rise, making it more expensive to buy a home.

 

If you’re thinking of selling your home, this affects you now…

 

Your home will sell for its maximum price in 2016. The upcoming spring selling season is going to be hot.

 

Not many homes are for sale in Beverly Hills – inventory is very tight.

 

Home buyers will also make motivated offers to get ahead of inevitable future interest rate hikes.

 

All this generates more demand for your home now.

 

As you know, home prices in many Beverly Hills neighborhoods went up considerably in 2015 and there’s a strong chance your home is one of them.

 

I recommend you check the current market value of your home.

 

I pay to get access to all the local MLS data and you can get it for free on my website.

 

Click here to get an instant price update on your home.

 

(You get access to real local MLS data - it’s free for you!)

 

Enter your property address and you’ll get a recommended selling price range for your home based on the recent sales of your neighbors.

 

You may be very surprised at your price – it’s likely to have gone up!

 

Now this website tool is just an estimate. However, if you’re serious about selling your home, I can give you a very accurate asking price.

 

Call me at 424-239-6519 or reply to this email with details of your home.

 

Tell me about your kitchen, bathrooms, home improvements, and all the things you love. I know what a buyer will pay for it today.

 

And of course, if you’re not interested in selling your home, rest easy knowing we are in a healthy real estate market with appreciating prices.

 

If I can ever be of service to you buying or selling a home, I’m here.

 

Have a wonderful week.

 

Your local Beverly Hills Realtor,

Erik Brown  The Midcoast Group
Minneapolis: 612-294-0447
Beverly Hills: 424-239-6519
erik@themidcoastgroup.com