Do you have buyers that are waiting to buy?
If you have buyers who are on the sidelines, waiting for rates to come down, or waiting for home prices to fall before they buy, this information is super important for you to hear.
The next 6 months is the absolute best time to buy a home. Dave Stevens, Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner and CEO of the Mortgage Bankers Association, explains why waiting to buy is a bad financial decision….and why now is the best time to buy.
When the interest rates do start to come down, there will be more competition in the market…and home prices will heat up. We will again start to see multiple offers, offers over asking, and cash offers …making it harder for your buyers to get their offers accepted.
With the right programs, your buyers can get into their dream home TODAY with a better rate than the market, before the market is flooded with competition…and they can refinance when they rates drop.