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What’s happening in the real estate market? Should you buy, sell, or stay on the sidelines? To answer these questions, there are several factors you need to consider. What makes you feel good? What do you want to accomplish? Do you have a family that you need a new home for? Are you a first-time buyer? Are you looking to downsize? Are you moving out of state, in-state, or looking for a vacation rental? What are you looking for?
Buying real estate is an emotional decision, and affordability is a key factor. Right now, despite a 40% reduction in inventory, it’s still a great time to be in the real estate market. New properties are consistently hitting the market. However, finding the right agent who can locate and negotiate deals, including off-market opportunities, is crucial.
So, if you’re considering making a move, there’s a fantastic opportunity. Keep in mind that even a slight drop in interest rates can influence home prices. Currently, the pricing is stable, but we’re heading into an election year, which can make some people more cautious.
Nevertheless, there are always people making moves. Are you one of them? If you need a levelheaded professional to guide you through the process and help you find a great opportunity, don’t hesitate to call or email me. I’m here to help.
