It’s amazing to see the turnaround we’ve had in today’s housing market! It is also creating some great opportunities for buyers and sellers. If you are thinking about buying or selling, there are some unique perks available now.
Biggest Buyer Perk: Low Mortgage Rates
We’ve covered in other posts the record mortgage rate lows – and they keep hitting record lows! This is a HUGE advantage for buyers. You can now get a rate lower than homebuyers for two generations.
This allows you to potentially borrow more money, borrow for shorter periods, or to explore the possibility of owning a second home. Whatever your current need, or want, now is definitely a good time to consider making a change. You have an opportunity not seen in more than 50 years!
Biggest Seller Perk: Low Inventory
Right now, there are not enough houses on the market to satisfy the number of buyers. Though sellers are beginning to return to the market, there is still such a demand that it makes now the perfect time to sell.
Low inventory has also caused housing prices to increase and even encouraged bidding wars. This is a HUGE advantage to sellers because you get the best possible price for your house. We recommend not waiting too long, potential sellers who have been waiting will return to the market at some point.
There are perks available to you RIGHT NOW whether you are thinking about buying or selling. We know there is a lot of uncertainty in today’s world, but we are here to help you through every step of the way. Contact us today for a free consultation.