Rising interest rates mean now is the time for both
buyers and sellers to make a move in our market.
buyers and sellers to make a move in our market.
Whether you’re a buyer or seller, I have important news to share with you.
Interest rates have been on the rise. What does this mean for you?
As a homebuyer, a 1% increase in rates costs you 10% of your buying power. In other words, an increase in rates could prevent you from being able to afford that home in your favorite neighborhood. It could also mean that you’ll miss out on certain amenities and features that you want in a home, like a pool on the property.
If you’re a seller, rising interest rates mean fewer buyers can afford your home. Fewer buyers mean fewer offers.
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Take advantage of the opportunity our market is giving you right now.
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A recent study showed that in South Florida, there’s less than a 10% chance that our real estate prices will decrease in the next two years.
As a buyer, you might be dealing with higher interest rates and higher prices, which can make it incredibly difficult to find a home in the future.
We are here to help you capitalize on the opportunity in the current market. If you have any questions or you’re thinking of buying or selling real estate, please don’t hesitate to give us a call. We look forward to hearing from you.
