Key factors in the shifting market that make now a good time to buy.

A lot of people have been asking our team to explain what’s going on in the real estate market. Today I’ll address these concerns by covering a few important points on the current market shift that all buyers and sellers should know about.

1. Houses are still selling. In our MLS, 1200 homes went under contract in the last seven days. We have a significant increase in housing inventory in a short amount of time.

2. More choices of homes for buyers. A lot of buyers are making the mistake of delaying their decision to purchase a home because of rising interest rates. Now is a good time to buy because there are currently more choices of homes to choose from. 

It can be a great opportunity to buy a home now before interest rates continue to rise.

3. Buyers have negotiating powers again. You no longer need to give the sellers everything they want. Buyers are starting to have negotiating power again. A more balanced offer is now possible.

4. It’s an opportunity. If you’re a buyer, it can be a great opportunity to buy a home now before interest rates continue to rise. 

35% of my sales are off-market. There are other opportunities that buyers can find if they have an experienced real estate agent looking out for their best interests. If you need more help buying or selling a home, don’t hesitate to call or email. Our team is happy to help!