I have always said that having INFORMATION is the key to being successful. The more informed you are about what is happening in today’s real estate market, the greater opportunities you’ll have to execute that information.
We all know that mortgage rates just went up again and will continue to go up. We also know foreclosures are up and will continue to go up as inflation affects many households in Southern California.
The most important thing to know and understand is that in every market downturn, THERE ARE OPPORTUNITIES.
Today versus six months ago it is a buyer’s market which means:
- You have many more properties to pick from;
- You have sellers willing to BUY DOWN your rate so you can get a lower interest rate and overall mortgage payment;
- You have sellers willing to PAY SOME or ALL YOUR CLOSING COSTS which hasn’t happened since 2019;
- New developers are turning themselves into pretzels trying to get YOU to buy their houses.
And this list goes on and on. Now that you have the information, call me, and let’s put a plan together that makes sense for you and your family whether you are buying or selling.
If you have any questions, please call me.
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