We can all agree that the real estate market has taking us on a roller coaster ride these past 3 years! Well, here are 4 great factors that I believe will help most Americans reach their dream of home ownership.
- Interest Rates – We’ve seen interest rates as low as 2% all the way up to 8% and we thought it might even get to double digits, but thankfully it did not! As a matter of fact rates have come down lately and many are thinking it may get better.
2. Home Prices – With a slower sales market, home sellers are open to accepting good and reasonable offers from buyers. A win-win deal is good for everyone!
3. Better Wages – According to the Federal Reserve, wages have grown faster than in past years, along with higher minimum wage increases. This will help many first time home buyers.
4. And Finally – Many of us were rightly unsure about buying or selling last year, but with the market looking healthier and more stable, people will be ready to put their homes for sale and purchase again.
Please reach out to me and let me know how I can help you accomplish your real estate goals this year!
Stellar Homes LLC
