“The most difficult thing is the decision to act, the rest is merely tenacity.”
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If you’re thinking of making a move this year, but are wondering if waiting a few years will save you in the long run, 𝘵𝘩𝘪𝘯𝘬 𝘢𝘨𝘢𝘪𝘯.
You may think it is wise to wait for the spring to list your home, however, this year is expected to be much different than our typical “spring market” due to low inventory, and that could end up costing you. Here’s why…
→ Buyers are looking right now, and are eager to buy
→ Waiting until the spring will mean more competition, giving buyers more options
→ There will never be a better time to move up — prices are still appreciating, which will cost you more in an mortgage and downpayment if you wait.
If you are considering buying a home this year, start your search sooner rather than later.
→ Home prices are expected to appreciate by 7-8% this year
→ Mortgage rates are not going to stay low forever. They have already started to tick up
→ There will be more competition as we enter the “spring market”, which could hike up prices even more
→ The longer you wait, the more you’ll pay – even the slightest change in the rates can have a big impact on your buying power no matter your price point.
If you are planning on making a move this year, connect with me today to start the conversation. I would love to help you get the ball rolling!
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