With spring in full swing and heading into the summer months, the trend of multiple offers within days of listing is still holding true. As a team, we are constantly gathering and analyzing data, and closely monitoring interest rates and contracts signings.  This helps us accurately gauge how we approach each transaction. 

Buying or selling a home is one of the most important decisions you will make in your life, and our goal is to help our clients navigate the real estate market in any situation. Regardless of whether the market is cooling or blistering hot, we can help you make the most sense of it, and are ready to help guide you on your home buying or selling journey.

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Buying Factors

When it comes to helping our clients find the home that’s right for them, we have established buying parameters, and a proven formula that helps us help you. We look at location, footprint, light, and amenities. We acknowledge conditions and challenges and assess those risks. We are generally conservative in our approach. An emotional decision can lead to buyers remorse. 

We predicted the recent rise in interest rates would create a cooling effect on home sales. As rates tick upward, we are seeing both clients who are cautious and want to take a wait-and-see approach, and clients eager to buy now before rates go any higher. Sales are still competitive, with multiple offers for each listing. While homes are still selling at premium prices, our job is to ensure our buyers never overpay. There are still good deals to be had on homes, and we pay close attention to market activity. If, for instance, we see a sale that falls out of escrow before closing, that presents a great opportunity to get a home at a good price.

Despite the current uncertainty, real estate continues to be a solid investment. We work hard to keep you in your comfort zone throughout the process, and will be there with you every step of the way. 

What We're Reading

When interest rates began to rise, experts predicted a cooling effect on the real estate market. Those higher rates arrived at a time when inventory is still low during what is historically the busiest season for real estate. In this unique point in time, who does the market favor, the buyers or the sellers? Read here to learn more.

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