Updated: Feb 18, 2021
Interesting news from the Freddie Mac Quarterly Forecast: “While the rebound in the economy is uneven, one segment that is exhibiting strength is the housing market. Purchase demand activity is up over twenty percent from a year ago, the highest since January 2009. Mortgage rates have hit another record low due to declining inflationary pressures, putting many homebuyers in the buying mood.”
With historically low interest rates, there’s a huge incentive for buyers who are ready to purchase. And homeowners considering a move are finding eager buyers in our local market.
If you are a buyer, getting pre-approved now will put you on the fast track with potential offers—and don’t forget to hire a fast-acting, qualified real estate professional to guide you through the process and negotiation. A well-crafted offer is like a piece of art—don’t leave it to chance!
If you are considering selling your home, the supply is low and this is a GREAT time to list a home. There are many strategies to listing a home and receiving strong offers. Let’s talk about the best strategy for YOU and YOUR home.