Have you thought about buying a home or selling your home this year, but continue to put it off until market conditions are optimal? According to many in the industry, including those at Keeping Current Matters (KCM), this fall might just be the perfect time for anyone thinking of buying or selling.
Many of us who watch the real estate market, especially consumers, see low mortgage rates, high demand and low inventory, and house prices actually rising. With all this in mind, KCM’s bloggers recently posted two lists for consumers to consider.
The first post looks to potential home buyers and lists these four reasons why waiting to buy doesn’t make sense:
- Prices Will Continue to Rise
- Mortgage Interest Rates Are Projected to Increase
- Either Way, You Are Paying a Mortgage
- It’s Time to Move on With Your Life
The second post turns to the potential seller and lists these five reasons why there is no better time to sell your home:
- Demand Is Strong
- There is Less Competition Now
- The Process Will Be Quicker
- There Will Never Be a Better Time to Move Up
- It’s Time to Move on With Your Life
Yes, the last piece of advice for both lists is the same because in the end sometimes a decision to take action is needed. After conducting market research and giving our buyers and sellers all the facts, this is something we often discuss. No matter the season, in the end, you have to look at research and determine what is best. Hopefully these reasons help shed some light on your next move.
