Our preparation eliminates the headache of getting your property ready.
In this roller-coaster market, everyone is keeping their eyes on interest rates. Recently, interest rates have shown a bit of stability, settling in the mid-6% range. Many lenders are also offering buydowns, providing opportunities for some fortunate individuals to secure rates in the low 6% or even high-5% range. This development opens the door to enticing possibilities, especially for buyers who had hesitated due to the shock value of higher rates and prices.
For those contemplating a home purchase, now is a golden opportunity to capitalize on lower rates and potentially snag a better deal. Some properties, unfortunately, linger on the market for extended periods, with houses sitting unsold for 30, 60, or even 90 days. This scenario serves as a stark reminder of the importance of preparedness and receiving sound advice in navigating the real estate market.
“Interest rates have shown a bit of stability.”
On the flip side, if you find yourself in the seller’s shoes, the market conditions are still favorable, with a supply hovering around two to three months in the area—not the feared six-month supply. The key takeaway from this past year has been the effectiveness of our meticulous preparation process for homes set to hit the market.
Homes we sell still get 99% of 100% of their asking prices. Our approach involves initiating the preparation process well in advance—sometimes a month or two before listing. If you’re considering selling after the first of the year, don’t hesitate to call or email us. Our unique process allows you to defer payment for any necessary construction until the closing, easing the financial burden on sellers. Happy holidays!