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Wednesday, October 30, 2013
Now is the Time to Buy and Sell
How much inventory is out there for buyers in the market
Our market is experiencing incredibly low inventory right now, especially compared to this time last year. What’s interesting, though, is our market is also expanding. This means homes are selling quickly as more and more properties are coming on the market.
Now is the ideal time to list your home. Not only will your property sell quickly, but for a great price as well. Most homes are getting multiple offers and homes are selling for list price or above!
Because of low interest rates, there is a pent up demand. Buyers want to lock in the lowest rate possible so they can pay thousands of dollars less on the life of the loan.
If you are ready to buy or sell, give me a call at 626.441.349
Monday, October 7, 2013
How are interest rates affecting the market?
Welcome back to my video blog!
How are interest rates affecting the market?
As the economy improves, interest rates begin to increase as well. While in the past couple of months they have increased, they are still historically low.
I remember in 1987 when I bought my home I was excited about the 13 percent interest rate I locked in! Can you believe that?
Now is the perfect time for both buyers and sellers. We expect interest rates to stay relatively low throughout the next year. So, take advantage!
Thanks for watching!
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