Why Are Buyers So Anxious?
It’s March 2018 and I finally have a moment to reach out to you! Already this year is crazy and the market is intense. Don’t worry, the Abbie Agents are continuing to offer you the impeccable, professional service you have grown to love…
This month, we are looking at the effect of an increased interest rate. The market has shown that an increased interest rate results in an increase in activity. Buyers realize that they need to act fast and make the decision to buy. While this is awesome for sellers, increased interest rates create a significant difference in the purchase price of your home because of the falling purchasing power of the buyer, as shown in the table below.
With interest rates on the way up, now is the perfect time for you to put your house on the market. There are still motivated buyersout there, as pointed out in this article found on the National Mortgage News website and we want you to receive the highest price for your property. Give me a call and let’s talk about your options in this market. I can’t wait to speak with you!