There are 2 constants in real estate:
1. People are always going to be moving, which means they’re always buying and selling.
2. Real estate is always changing!
Over the past few years, we’ve seen several large shifts in the market. Take a look at just how much has changed for buyers between this year and last year.
Interest rates have risen but competition is down, making it a much easier and more pleasant time to be a homebuyer. Plus, you might be able to save some initial cash upfront with a smaller downpayment.
Unlike buyers in 2022, today’s homebuyers don’t have to make crazy above-list price offers with extra cash on hand or sign away their inspection rights to get a seller to consider their offer. Which had put so much pressure on buyers.
Are you interested in buying a home in 2023? Send me a DM, and let’s get coffee and chat about home buying!
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