Do you want additional space in your home? Maybe you should relocate. If you can work remotely or your demands have changed, it's time to move forward. Why? With mortgage rates in their favor and higher-priced house sales fueling more movements around the nation, sellers in today's market are buying a home at the top end of the housing market.
Due to little inventory and great demand, sellers are benefitting this season. Bidding wars are escalating the price of more properties throughout the country. This implies sellers may use additional income from higher-priced sales to buy their next house at today's cheap mortgage rates.
Even though this price range won't work for everyone's finances, if you can afford it this fall, you should probably purchase it as soon as possible rather than wait until later. More properties are now available in this market area, but, as the research notes, more buyers are investing in this area; thus, competition may get more intense sooner rather than later.
Let's get in touch immediately if you want to purchase a bigger property in the near future and sell the one you currently live in. We will talk about the potential that exists in our local market as well as your current status.
