Buying or Selling: Now May Be the Time

  

 

Autumn Piggy Bank2As we enter the winter months, many expect the real estate market to begin to slow down. However, this winter there are many reasons that both buyers and sellers should consider moving forward with their real estate goals instead of waiting until the spring.

BUYERS

Waiting until the spring will probably mean increases in the two elements that determine the cost of purchasing a home: home prices and mortgage rates.

SELLERS

A seller will get the best price when demand is high and inventory is low. Demand will remain strong throughout this winter (see above) while inventory historically shrinks this time of year.

 

Posted on October 31, 2013 at 8:44 pm
Elly Smith | Category: Real Estate, Real Estate Economics

Leave a Reply

Your email address will not be published. Required fields are marked *