Selling your house when inventory is low can offer several perks for homeowners. Here are some of the advantages: Increased demand With fewer homes available on the market, there is typically increased competition among buyers. This can lead to multiple offers, bidding wars, and potentially higher sale prices for sellers. Faster sales process When […]
The Direction of Mortgage Rates
The direction of mortgage rates is influenced by several factors, including economic conditions, inflation, monetary policy, and market demand. While it is challenging to predict the future with certainty, here are some factors to consider when assessing whether higher mortgage rates are here to stay Economic recovery: Mortgage rates tend to rise during […]
We’re in a Seller’s Market. What Does That Mean?
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a seller’s market. But what does that really mean? And why are conditions today so good if you want to list your house? It starts with the […]
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