The market has seen a major change in a short period of time and now builders are offering all different types of incentives and it can get confusing…fast!
In addition, sellers of resale homes are also looking to negotiate price, terms, and even offering rate buy downs! That’s a far cry
from just a couple of months ago..
In a market, like we are experiencing now, it is important to have an agent that knows how to negotiate on both resale and brand new homes, ensuring that you get the best deal on whatever you decide is the best option for you.
If you have any questions, please reach out to us…we are here to help!
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw during the pandemic.
Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains why the shifting market creates a window of opportunity for you:
“This is an opportunity for people with a secure job to jump into the market, when other people are a little hesitant because of a possible recession. . . They’ll have fewer buyers to compete with.” READ HERE FOR MORE!
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