At last, we can say it is officially a “buyer’s market”.
What does this mean?
. . . buyers have the upper hand in real estate purchases.
Today more than ever, if you are a first-time buyer NOW IS YOUR OPPORTUNITY to purchase your home.
Sellers are bending over backward trying to accommodate buyers.
As I said before, a seller today will pay for your closing costs, pay down your mortgage interest rate and do anything possible so you will buy their home and most importantly close on the purchase.
With the changing real estate market, sellers are finding they are not getting multiple offers and when they do receive an offer 8 out 10 times, the buyer cancels for one reason or another.
If you are a seller in today’s market, call me because you need an expert to help you preserve your equity and helping you get your property sold for top dollar.
If you are a buyer, call me so we can see how you qualify and what you can purchase in today’s market.
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Source:
Redfin