What you should remember in our slowing real estate market.

As most of you know, our market has slowed due to rising interest rates. They’re pricing some buyers out of the market and causing homes to sit on it longer. How can you combat this change?

If you’re considering buying, remember that you have a lot of options. We can connect you with a great lender who will help you explore your choices. For example, buying down your interest rate or utilizing grant money are both great options.

If you’re selling your home, it’s important to price it properly at the start. Don’t get overambitious. We can help you find the right price by looking at the absorption rate in your zip code to see how quickly homes are selling around you.

These changes will stick around for a while. We still have a shortage of inventory, but we also have a shortage of buyers. Whatever happens, we’ll keep you updated. If you have any questions, feel free to call or email us. We’d be happy to help.