I’ve heard it over and over again the last two years from home owners. “There’s so little on the marketplace to choose from that I have no place to go even if I wanted to sell my home. If I could find my next home I would put my home on the market today!”
Whether you are looking for a large yard, a lakefront property, a bigger garage, a place for a workshop, walkability to downtown or parks, or a pool for the grandkids; the time to start looking again has finally arrived.
The wait is over because rates have gone up, and you would think, well, that’s bad news. No, it’s good news for people frustrated by low inventory and lack of selection.
Every time the marketplace changes, there is an opportunity and this time, buyer demand is going down because interest rates increased which means there’s less competition than in the last few years and as a result, we will also start to see more inventory.
People that are putting their homes on the market are capitalizing on the high price points because even though the interest rates have gone up, price points haven’t gone down.
The bottom line is that the inventory options are increasing for you to go out there and find the home of your dreams.
Another opportunity that comes with more buyer power is that contingent offers are more likely to be accepted. This means you can make offers without having to risk managing two mortgages at the same time. (Although we still have our Buy Before You List program in full affect.)
If you’re looking for a great deal, you really need to visit our website because there are new properties hitting the market every single day.
In fact, the Amanda Howard Sotheby’s International Realty photographers have gone on more appointments in the last two weeks than they did in the previous two months combined!
If you’re really proactive, let us know what you’re looking for. Because if the Team at Amanda Howard Sotheby’s International Realty knows your price range, your style of home, and any other particulars, you can get priority real-time access to all the greatest deals on the marketplace. In some cases, homes you don’t even know exist, homes you won’t find on Zillow, or other real estate websites.
Go to the source directly: https://www.amandahowardrealestate.com/
Take advantage of the opportunities that come with a changing marketplace.