01/12/2024
If I see another clickbait headline about the market I'm gonna scream.
It seems every time I open Google or turn on the TV, I see headlines about how the market is crashing and nobody is moving with these interest rates...but meanwhile I've got X (OR SEVERAL) clients who are listing their homes this month alone 🤷🏼♀️
But why? Why would people list their house knowing they'll lose that blessed 2.8% interest rate?
Let me tell you a secret:
Life doesn't stop just because the Feds chose to raise the rates.
Couples are still getting married, people are still getting new jobs, and babies are still being born everyday 🤷🏼♀️
According to NAR, most sellers (80%) cite at least one life event as an influence on their decision to move and sell their home.
The most common reasons? A change in household or family size (54%) or people who can now work remotely from home more often (41%).
This is just another reason why I encourage followers to stop taking information from the media at face value and start looking around your own town. What's happening in the lives of your neighbors, your friends, yourself?
Your local community tells you everything you need to know about your local market, but don't worry! You don't have to do the research, that's my job!!
Follow me for all things Dothan Real Estate and each week I'll dish on all things local and home
🏡 Abby Saliba Rogers
📍 Coldwell Banker/Alfred Saliba Realty
📱 334-798-3324
📧 [email protected]