"Buy Low Sell High"
"We'd like to move...we're just not sure if we should with the market so slow."
This is a very common concern today. But it's reasonable considering the market shift from a "seller's" market to a "buyer's" market. Of course, most of us haven't seen a shift like this in almost 14 years, so it's unsettling to some to say the very least.
One of the unusual aspects of this market is that real estate has never had a down market when both the economy and mortgage rates were so attractive. So why are people waiting? When prices were being driven sky high by multiple offers and inventory was low but still moving at record paces, everyone wanted to chase that market.
Prices just became impossible to keep up with and there were many unhappy buyers that lost out on homes they loved, sometimes two and three times. Now, with more inventory to choose from, a good economy and great mortgage rates, why are you waiting? Even with homes selling just off their peaks of 2004-2005, most people's homes have appreciated significantly in the past 5-10 years so they will more than likely still realize tremendous gains. Buyers coming into the market for the first time will have incredible opportunities due to high inventory levels and LOW rates.
The question is, will they still be low 6 months or a year from now? Is price the only consideration in buying a home or is it also the mortgage rate, especially with so many buyers putting little or now money down? The answer is - it should be both. Price or interest rates alone should not determine whether you buy - who know where the rates will be tomorrow. To be on the safe side. If you have a home and you want to sell, give me a call and I will help you by presenting a market analysis. I will also show you how to best prepare and position your home for a successful sale and create a marketing program specifically tailored for your home. If you are buying or know someone buying for the first time, I can show you some very good values in this area
I realize that people do business with people they trust. I am interested in what is best for you, the client and am committed to establishing a long-term relationship based on that trust. I pride myself on being knowledgeable about the area and staying current with changes in the industry that will affect the success of your transaction. I want to help make your dreams a reality and pursue the solution that's best for you. I am committed to fulfilling your needs with the highest level of professionalism, expertise and service. My enthusiasm and hard work will benefit you and help reduce the stress and anxiety often associated with real estate transactions.
"Don't miss the golden opportunities that this market has created for you!"
Adrienne