A Shifting Real Estate Market

Dated: 01/25/2019

Views: 110

3 Things You Need in a Shifting Real Estate Market

3 Things You Need in a Shifting Real Estate Market | MyKCM

Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the housing market?

If you are either a buyer or seller (or both), you need to know what it will mean to your family if you go ahead with the move. You need to understand three things:

1. What is happening in the housing market right now?

Consumers must get past those fear-mongering headlines and gain a deep understanding of what is truly happening. How strong is buyer demand right now? How much competition do listings have today compared to what they will have in the spring? People want to make an educated decision on what is probably their family’s greatest financial asset.

2. Why is it happening?

Understanding the individual pieces that impact the sale or purchase of real estate is important. Understanding how those pieces impact each other is critical. How does the amount of a down payment impact the mortgage rate a buyer will be offered? Can you still price your house a ‘little ahead’ of the market and still be sure it will sell?

3. How do the first two affect your local market?

Basically, you want an understanding of the overall housing market and a simple and effective explanation of how it will impact your personal real estate goals.

Bottom Line

The best way to get all three is to work with a professional who understands this shifting real estate market and can expertly guide you on the journey to reach your housing goals. Let’s get together to discuss what today’s market means for you.

Members: Download your copy of How to Succeed in a Shifting Real Estate Market” on the eGuides page to learn more about ways you can navigate today’s market!

Blog author image

Damon Pajaud

My focus is on truly being your partner through the home buying and selling process. I'm proud to say I love what I do and it shows in my work ethic and commitment to helping you reach your goals. I'm....

Latest Blog Posts

ExistingHome Sales Report Indicates Now Is A Great Time To Sell

Existing-Home Sales Report Indicates Now Is a Great Time to Sell 2.8KSHARES 2.5K 105 39 182 The best time to sell anything is when demand for that item is high and the

Read More

Just The Right Amount Of Scary

Did you avoid the "scariest" front porches?How a person decorates the outside of their home for Halloween runs from nothing to the most elaborate, scariest house on the block.  I remember

Read More

4 Reasons To Sell This Fall

Traditional lore says that the best time to list your home for sale is spring and if it hasn’t sold by the end of summer, you’re out of luck. Along the same lines, homeowners across the country

Read More

What To Expect From Your Home Inspection

What to Expect from Your Home Inspection 4.4KSHARES 4.2K 88 34 149 You made an offer and it was accepted. Your next task is to have the home inspected prior to closing.

Read More