1. The current real estate market is unlikely to be repeated anytime soon.
After 25 years in real estate, we’ve seen many crazy markets, sellers and buyers’ markets, the mortgage crisis and recession from 2008 – 2010, and the market after the 9-11 attacks. There have been many ups and downs. However, we have never seen a market-specific to our area like the current market due to Covid-19.
2. Interest rates.
Interest rates have never been lower. Things don’t stay down forever, and it’s impossible to know when rates might go up. Not to mention, requirements may become more stringent.
3. School + Office = Home.
The value that we put on our homes has quadrupled. Our homes have become our schools and offices, making comfort and security more important than ever. Online learning is not easy for anyone, including parents and children, and the right space can make a big difference in your child’s success. Also, your home office needs to be professional and quiet at the very least so you can take calls without children running around and the dog barking.
4. The shift in the market is freeing up opportunities.
With so many people moving, the inventory is continually changing, and opportunities that might not have existed before are opening up. That home you had your eye on across town might be on the market now because the owners chose to downsize early. Being part of forwarding momentum is always a good thing.
More: Some Expect the Housing Boom to Last 10 Years
5. It’s easier than you think.
Buying or selling a property may seem daunting, but we have had sellers get their homes de-cluttered and ready to sell in as little as two weeks. With the right team in place giving you advice and guidance that you trust, the process can be smooth and stress-free. While we can’t control everything, we pride ourselves on our ability to foresee problems and head them off at the pass.
For more information on purchasing a home in Saint George please contact me anytime.
