Have you been sitting on the Fence?

If you've been sitting on the fence when it comes to real estate, it's time to make a move. Whether you're a buyer or seller, the current market conditions are favorable for both. Here are some reasons why:

Buyers:

Mortgage rates are still historically low, making it an excellent time to buy a home. Additionally, with the pandemic driving many people to leave urban areas, suburban and rural homes are in high demand. This means that prices may continue to rise, so it's better to buy sooner rather than later. Finally, if you're tired of being cooped up in your current home and need more space, now is the perfect time to upgrade.

Sellers:

As mentioned above, there is a high demand for suburban and rural homes right now. This means that sellers have the advantage, and homes are selling quickly. Additionally, with the pandemic making people rethink their living situations, there are many prospective buyers looking for a change. Finally, if you're looking to downsize or move to a different location, now is the time to do so.

Mortgage:

If you're a buyer, it's important to take advantage of the current low mortgage rates. However, even if you're not in the market to buy, you can still benefit from refinancing your current mortgage. With rates so low, refinancing could save you thousands of dollars over the life of your loan.

In conclusion, if you've been sitting on the fence about real estate, it's time to take action. Buyers and sellers alike can benefit from the current market conditions, and with low mortgage rates, it's an excellent time to buy or refinance. Don't wait too long, though, as conditions can change quickly. Contact a real estate professional today to discuss your options.

Contact the Luxury Home Sales Team and see our different divisions to help you decide on a plan of action.