Market Trends
Today, more than ever, prospective buyers need to find a more affordable means of acquiring real estate. Fortunately, there’s a solution: concurrent real estate acquisition strategies.
With mortgage interest rates near 7% and home prices hovering at a national median of $425,000, many homebuyers might be wondering how they’ll be able to pay for a property, and searching for ways to reduce costs.
It’s safe to say we’ve never encountered a housing market nearly as unpredictable as the one we’re in right now. After months of navigating wild fluctuations, homebuyers, sellers, owners, and renters are now desperately trying to read the tea leaves to figure out where real estate prices, inventories, sales, and mortgage rates are going in the coming year.
For those looking to sell their home, many have been forced to face the fact that they won’t get the price they’d dreamed of receiving anytime soon.