05/23/2022
With the Fed saying up to 3 interest rate hikes will be needed to SLOW DOWN the economy throughout 2022 and into 2023. When is the time to BUY? What about selling your property?
Let us look into each. Each has a range of answers. If you are on the FENCE or Kicking the tires as they say in regards to BUYING. Get off the FENCE, leave the tires alone, the interest rates TODAY May 2022 are LOWER than they will be at the end of 2022 or the first quarter of 2023! Remember as the amount of HOME you can FINANCE MAY GO DOWN! Also as rates go up, and "buyers" are NOT as active as they had been more sellers will be discouraged and may NOT list or they may CANCEL a listing that has NOT SOLD and is now "STALE" in the MLS! When that happens buyer agents will "scroll" right past your listing, assuming it hasn't sold for any number of NEGATIVE and OFTEN WRONG assumptions! Back to buyers, if you are or will be a CASH BUYER you will be in the DRIVER's seat of ANY PURCHASE you decide to make! Sellers LOVE cash buyers, for many reasons, but especially during a real estate SLOW DOWN! So cash buyers; STAY READY TO leap at a moment's NOTICE. The time is coming it's just NOT TODAY.
as of May 2022, here in a "secondary market" the real estate market is strong with HIGH DEMAND for Correctly properties. (Actually, that's EVERY MARKET, markets will ONLY bear what they can remember MARKETS determine price, not your ) Back to no matter the market primary or secondary, properties are ALWAYS in DEMAND! Price your property correctly and if you do that you'll find success! remember as rise buyers in your market will slowly (hopefully) disappear. That's a FACT, so what does that mean TODAY May 2022, Call my office and get your property listed!
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