The #1 Lie You’ve Been Told About Real Estate
What is the number one lie you’ve been told about real estate?
“Interest rates have gone up - you waited too long and you’ve lost out. You should have bought last year. It’s too late.”
The truth is, in EVERY type of market it can be a good or a bad time to buy or sell a house. It all depends on you, and your individual circumstances.
Here’s what we know: Last year our buyers were stressed at every showing. They had 15 minutes to view a home, decide within 48 hours if they wanted it. And we were forced to waive inspections and immediately release their earnest money to make their offer the most desirable. Not a great time to buy a house if you have a lot of our buyers. 😮💨
The recent slowdown in 2022 is allowing today’s buyers to take their time and consider the home, do their research, negotiate the pricing conditions and even the inspection. And now that there has been a slight drop in interest rates, now is a great time to shop before the holidays!❄️
So here’s our advice. Stop making decisions based on when you hear from others that the market is good or bad, and instead start looking for homes when you’re financially able to. Every market presents unique opportunities.🎉