What will happen in the market this year? Here are our predictions.
Many people are asking what’s going to happen in this real estate market. That’s why we’re bringing you our market update for the new year.
We know that we will have a strong spring market; it’s already starting to take off. However, we don’t know what will happen as interest rates rise in the summer. We may see a slowdown in activity, and prices might drop.
Here’s my advice: Take advantage of the opportunity that exists right now. If you’re a seller, you can list your home and have a great sale in somewhat of a seller’s market. If you’re looking to buy, you can take advantage of the lower interest rates. We will have three interest rate hikes this year starting in March.
If you have any questions, feel free to call or email us. We look forward to hearing from you.