This summer, we’re seeing the market continuing to heat up for both buyers and sellers. Buyers are able to afford more home due to the historically low interest rates, and sellers are reaping the benefits of the low inventory. All in all, the market is fantastic for people looking to list their property, and people searching for their dream home.
Even though homes have been selling above asking price, it doesn’t mean you should wait to buy. The low interest rates play a vital role in a home buying purchase, because buyers are able to afford 10% more when interest rates are 1% less. This is incredible, because it can result in thousands, even tens of thousands, of dollars in savings!
The fact that more and more people are adjusting to a work from home lifestyle is impacting the way buyers are shopping. We’re seeing a rise in the need for home-offices, and an increased demand for outdoor living space. Since thousands of people are spending more time at home, it’s important to make that environment as useful and comfortable as possible.
We have a team of 6 highly qualified brokers ready to work for you. Lately, we’ve received many questions about todays real estate market, so we created a video to answer some of those inquiries. We love our jobs, and it’s our priority to answer your questions and be able to address any concerns you may have as quickly as possible. If you’re looking to buy or sell your home, or want to learn how you can take advantage of the record-breaking low interest rates, don’t hesitate to give us a call!