Jake Nyman Realty
03/27/2024
đĽUNDER CONTRACT in just 3 days!đĽ
The power of pricing and marketing done right đŞđź
Thinking about buying or selling a home? Call me!
đ˛814.441.0787
03/18/2024
âď¸3 furbabies, 3 personalities. Spring has sprung and they are enjoying all the fresh sunlightâď¸ we are ready for summer and Lola is ready for endless ball chasing!! đžđž
Today, interest rates hit a high for 2022, climbing over 7%. Sounds scary, but it doesnât have to be. If youâre thinking about buying, now could be the best time for you. We just came out of a strong sellerâs market where houses were selling with no inspections, no contingencies, and sometimes sight unseen. Itâs been tough, many of you have felt it.
So why buy now? Less competition. Higher interest rates will either scare buyers away, or those who were on the cusp of affordability will drop out, meaning you have more options. More room for negotiating the price, better likelihood of concessions, and MORE INVENTORY.
Interest rates arenât going to stay high forever, they must come down eventually and a lot of economic reports are calculating that decrease potentially at the end of next year, 2023. What happens then? Everyone whoâs been waiting for the great interest rate reduction will start the buying process and weâre back to a sellerâs market and youâre stuck with limited options as a buyer.
Marry the house, date the rate. Buy now and refinance when the rates get lower, so you donât miss out on your dream home! Call me today to get started!
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Decatur, GA