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What Are The Real Estate Risk Factors for 2023

January 03,2023 | Posted By Dinorah Carmenate in re
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First Happy New Year To EVERYONE!!!  I wish you all great blessings in 2023 and always.
 
Now let’s get down to the real estate business at hand.  

Despite all the naysayers, despite all the experts, and all the “glass is half full” people, our real estate market did not collapse.  YIPPEE YAHOO!!!!

In fact, it was quite the contrary.  

It looks like overall, 2022 home prices rose approximately 5% over 2021.
 
This is great news because even though we had the highest interest rates that we have seen in 10+ years for at least 6 months of 2021, our real estate values still rose and stood strong.

This is why I think owning your own home and some investment properties is always a great idea. . . because people always need a place to live.
 
From the looks of things 2023 is going to be a lot like 2022 EXCEPT the interest rates will smidge up a bit more. 
 

For you buyers standing on the sidelines, now is the time to jump in with both feet.  Once the “investors” realize the sky is not falling, they’ll jump right back into buying and investing, and once again it’ll be more difficult and more expensive for you to become a homeowner.

For first-time home buyers, CALL ME TODAY, and let’s get you prequalified and help you become a homeowner and enjoy all the benefits of homeownership.
 
For my 62+ clients, I have some wonderful loans made specifically with seniors in mind and loans that will help you retire with more money in your pocket so you can finally start to enjoy the life you have always dreamed of. What’s the sense of working hard, retiring, and then not being able to do anything fun or worse make ends meet because you are on a limited income? Call me and let me help you.
 
For my sellers, if you are thinking of making a move, right-sizing your home, moving out of state, or looking into becoming an investor, call me, and let’s review all your options and possibilities. Now is the time to embark on your goals and dreams.

Read Article Here 
Source:  Realtor.com

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