Planning to Buy or Sell?
Hello, happy end of July! We are more than half way through the year and my question to you is... Do you plan on buying or selling before 2022 is over? If so, I am here to help you. If not, let's set you up on a timeline if you are planning for the future. The best time to start the process is when YOU feel ready.
Just a quick poll for you to answer-
1.) I plan on buying/selling before the year is over
2.) Not planning on making any decisions till next year
3.) Let's start now!
4.) I need to know a little more about our market before I can make a decision
6.) I'm happy with my current situation
I want to explain our current market with facts to help with any fear you may have. Experts aren't calling for a decrease in home prices. They forecast appreciation will continue, just at a decelerated pace. Meaning home prices will continue rising and won't fall. With higher mortgage rates coupled with more inventory that will lead to slower home price growth.
Some worry that the market is ready to bust but that is not the case. Today is nothing like it was back in 2008 because the lending standards are very different today. During the last housing bubble, it was much easier to get a mortgage than it is today. Lending standards have tightened significantly.
I am here to ease the minds of those buyers/sellers that fear the worst for our housing market. No matter what you are hearing, trust the experts and work with a local Realtor. When you do, you'll have a knowledgeable authority on your side that knows the ins and outs of the market, including current trends, historical context, and so much more.
Thanks for reading!