And I don’t mean just the weather! The main real estate metrics continue to point to a slowdown (not a meltdown) in our market. After 7 years, we shouldn’t be surprised. And mortgage rates are up, property tax deductibility is down (capped at $10K/year) and buyers are exhausted. Look for perfect homes in great locations to still attract substantial interest and even multiple offers.
Thinking of selling in the next couple of years, maybe to downsize, move into a single level home or move closer to family? It could be substantially more profitable for you to sell sooner. Let’s talk it through! If you’re hoping to buy, you’ll find more choice, at better prices, and available on the market for a longer period of time. Have you noticed, many Listing Agents aren’t even setting “offer dates” these days? Wow.
The market may be changing, but my commitment to you remains the same: candid, truthful and professional real estate advice and services. Always!