Is now the right time to BUY, SELL, or INVEST?
I get asked this all of the time…
My answer is two fold: both.
As a Seller, the market is still considered a ‘Seller’s Market’... meaning that market values are strong, and there is still a solid demand for homes by willing and able buyers. We often hear about multiple offers being submitted on a home. I had a house a few weeks back that had 5 offers come in...within 48 hours. I see this across all price points. If a house is in great selling condition, and priced according to Market Value...I dare say it will sell...and relatively quickly.
However, as a buyer, the interest rates are low...and rumored to be dropping again later this month. Lower interest rates translates into higher purchasing power. Meaning; you can afford more of a home for less of a monthly payment. And, there is still a decent amount of inventory. My clients are continually going under contract with the perfect home for their family.
So, how do you work this current market to your advantage?
One word: preparedness.
As a seller, investor, or a buyer, there are certain steps you can take to position yourself for success.
If you are considering selling, buying, investing, or a combination of both, I would love to help walk you through the process. Now is an ideal time to set and reach some goals.
Feel free to contact me with any questions,
Have a wonderful week,