If you are one of the many seniors who desires to retire in the same area you’ve always lived, you’re not alone. Will your current house fit your needs throughout retirement? If you have any questions about demand for your house, let’s get together to discuss the opportunities available today!
What does this all mean to the current housing market? We think First American said it best in a post last week:
“The mortgage rate-driven affordability surge has arrived just in time… Rising affordability has already benefited home buyers and, if the lower rate environment persists, we’re in for a great spring home-buying season.”
The percentage of sellers who have hired real estate agents to sell their homes has increased steadily over the last 20 years. Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not. Sellers must realize that their ability to negotiate will determine whether or not they get the best deal for themselves and their families.
Home renovation television shows have given many buyers hope that they could renovate a home they can afford into their dream home! Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value!
Receive a one year FREE golf membership with Royal St. Cloud Golf Links when you purchase or sell a property with The Corcoran Connection. One per household and does not include cart fees. Contact us to find out more.
It appears the spring buyers’ market is going to be much stronger than many had projected. Whether you are selling or buying, this is important news.
Top 5 reasons Why Millennials Choose to Buy
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. If you plan on buying a home this year, let’s get together to start your home search to ensure you can lock in these historically low rates today!
With a strong economy, low interest rates, and wages continuing to rise, some homeowners will be ready to put their house on the market and move up to the home of their dreams! There is a great opportunity for sellers to take advantage of the current real estate market before new inventory comes to market.
