Now is a great time for both Buyers and Sellers and here’s why:
Interest rates are still relatively low. The rates are projected to go up and are higher than they were this time last year so now is the time to lock in a rate you can be happy with. Still, rates are a lot lower than they have been in the past and have been the lowest since 1971. Before you start looking, meet with your banker or mortgage company to get pre-qualified for a loan. Then you will know exactly how much you can afford and you won’t be wasting your time or spinning your wheels in the wrong price range. You may be surprised at how much you can afford. Then, call your REALTOR and start looking. I would love to be your REALTOR so check out my profile online and on Facebook.
Why Wait???? Typically, inventory builds in March and if you wait until then you’ll have a lot more competition. Right now we have both an inventory shortage and a sudden uptick of buyers in Oxford and surrounding areas. The political season is over, the Dow is at a record high and there is market confidence. Wouldn’t it be great to get it sold quicker? Make sure your house and yard are in great condition because curb appeal sells and so does a house that is move-in-ready. It is proven that sellers who utilize real estate professionals get their houses sold faster and for more money.. If this is something you want, schedule an appointment with me for more information.
I hope these guides can help you. Enjoy! And, best wishes.
Eileen Saunders, SRES, REALTOR Tommy Morgan Realtors 2092 Old Taylor Road Oxford MS 38655 662-404-0816 | 662-234-5344 Equal Housing