An Outlook for Your Local Real Estate Market

What is going on right now?

The local real estate market has been slower than it traditionally is during the Springtime. It seems that there continues to not be a lot of sellers in the market, but it will not remain that way forever. Whether it’s due to personal circumstances or financial reasons, sellers will need to put their properties on the market at some point. Two of the questions are where and when.

Certain Local Areas Will Start Popping with Sales Sooner Than Others

It’s important to note that certain areas in the tri-state area will start popping sooner than others. This means that if you’re looking to buy, it’s worth considering areas that are expected to see growth in the near future and their overlap with where you would like to move.

Be Prepared with Everything You Need

To take advantage of the current market, it’s important to be prepared with all the documentation and information that you need. This includes having your finances in order, knowing what you’re looking for in a property, and having an experienced and reliable real estate agent and mortgage specialist to guide you through the process.

Rates Are Still Historically Low

It’s worth noting that the last few years were an aberration. Despite recent fluctuations, rates are still historically low.

Alternate Products Can Save You Money and Help You Qualify

It’s also important to know that there are alternate mortgage programs available that can save you money and help you qualify for a mortgage.

While the local real estate market may seem daunting, there are many positive aspects to consider and ways to get well positioned.

Questions?

Feel free to reply to this email or give me a call.

Best, Keith

– Alan Rosenbaum