Buyers & Sellers Seize Opportunities With Being Prepared
Greetings from the floor of my living room! We’re boxed up and ready to move! I know buying a home can be stressful but it’s also exciting! We’ve all heard that the only constant is change right? Well, this change was as unexpected as it was welcomed and when the opportunity to purchase a home where our family could age in place presented itself, that interest rates were high and we’d have to sell our current home didn’t deter us. The bottom line is change is inevitable and trying to predict it or control it is a fool’s errand.
The biggest change our market is rising interest rates, impacting purchasing power and deterring buyer activity. But transactions are still happening. Predictions over when rates will go down vary widely among industry experts citing anywhere from the end of this year to the end of NEXT year and everywhere in between. Some buyers want to wait until rates go down to get back into the house hunt but between now and when that happens, home prices will not go down in parallel AND competition will be stiffer. If past is prologue, we can expect home values to continue to increase month over month though not as aggressively as during the pandemic buying frenzy. The key to navigating change AND seizing opportunity is preparation.
Prospective buyers: meet with a lender, get your financials and pre-approval in order now.
Sellers: identify the key tasks or projects to best prepare your home for the market to ensure top dollar.
Bottom line - there is always a way and it’s more expensive to wait than to find a creative way to achieve your goals today. Let’s connect to discuss a strategy for your success.
𝙄𝙛 𝙮𝙤𝙪’𝙙 𝙡𝙞𝙠𝙚 𝙩𝙤 𝙡𝙚𝙖𝙧𝙣 𝙢𝙤𝙧𝙚 𝙖𝙗𝙤𝙪𝙩 𝙩𝙝𝙞𝙨 𝙤𝙧 𝙤𝙩𝙝𝙚𝙧 𝙬𝙖𝙮𝙨 𝙩𝙤 𝙗𝙚 𝙨𝙪𝙘𝙘𝙚𝙨𝙨𝙛𝙪𝙡 𝙞𝙣 𝙤𝙪𝙧 𝙨𝙝𝙞𝙛𝙩𝙞𝙣𝙜 𝙢𝙖𝙧𝙠𝙚𝙩, 𝙥𝙡𝙚𝙖𝙨𝙚 𝙧𝙚𝙖𝙘𝙝 𝙤𝙪𝙩 𝙖𝙣𝙮𝙩𝙞𝙢𝙚. 𝙄’𝙢 𝙝𝙚𝙧𝙚 𝙩𝙤 𝙝𝙚𝙡𝙥!
Call/text 425-495-0926 - or email me anytime! ginam@windermere.com.
