August claims to be the peak season for Real Estate. Listings are still low but purchases and refinance applications have increased. Homes continue to sell due to tight inventory and rates are holding historic lows, even after the first sharp rise in two weeks. Experts say it’s hard to predict if they will stay low, but Freddie Mac did confirm it is indeed a sellers market. If rates continue to rise, it could affect the market that has been one of the strongest in the current economy.
If you’re wondering if it’s the right time to buy a home, you should know you have an opportunity to grow your wealth, stabilize your expenses, and benefit from more options for your home search this fall.
There’s no denying the housing market is undergoing a shift this season, but that shift actually gives you some unique benefits when you sell. If you’re thinking about selling your house this season, let’s connect so you have the expert insights you need to make the best possible move today.
This is a content-packed guide explaining the market’s current homeownership opportunities to a booming demographic that often finds itself stuck in the rental trap.
