Welcome Guys, it has been a while since I last wrote, but the market has drastically changed over the las couple of years. I'm sure if you've been in the market to buy or sell, you know what I'm talking about. Rates have gone up and down, but lately have remained pretty high if we are to average out the last ten years. But as I have always said, fi you can afford to buy a house now, do it. We cant predict how the market will be a year from now, or how high rates will go, or if they will drop. Im sure you've noticed rents have gone up significantly over the last few years as well, so it makes buying a house that much more appealing, why pay high rent if you can pay a little more and own it.
Now if you're in the market to sell your home, we all know spring time is always the best time, but it has been proven that in April, homes sell for a lot more than other months. A lot of people decide to sell now because their kids can be finishing school and will close in time for the summer. Maybe they want to upgrade to something bigger with a yard, or pool. Whatever the reason is, you are bound to get multiple offers on your home, should it be marketed and priced correctly. Have you thought about buying or selling a home this year? Don't forget its always good to speak with your preferred lender or realtor to get the inside scoop on the market and rates. The stock market recently dropped tremendously, i dont think this will affect real estate, but its worth keeping an eye out. Im pretty sure it will turn around as it always does. How are you guys doing in this market? Has any of what has been going on affected you? We can only hope things get better with time, but as for real estate, things seem to still be strong in our NJ market. (North Jersey to be exact.) Hopefully the next time Im writing, you will have made the decision to buy or sell at a great price. As always if you have any real estate questions, contact us, we'd love to chat.
-My Awesome Realtor
Posted by Steven Lartiga on
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