After a very long running sellers’ market, the tide has finally turned.
While rates have increased of late, they are still within the range of historic lows, and are unlikely to greatly pull back anytime soon.
This has helped depress the sellers’ markets and strengthen the buyers’ markets, because many buyers now have been put off by two things:
Simultaneously inventory has been increasing and certain prices have been decreasing, offering a unique opportunity for potential buyers who want to put this to their advantage:
We have seen movement in the markets like this before, and it is not necessarily indicative of a long term trend, and could even portend a short term blip.
Contact me for information on how you can take advantage of what’s going on in the market now.