Exposing the truth behind this very confusing real estate market.

This might be one of the most confusing real estate markets we've ever seen. People are describing it in many different ways, saying that the real estate market is crazy, that it’s crashing, that it’s awful, and that it’s amazing. I’ve been in real estate for 25 years, so I’ve been through a lot of different markets. Therefore, I have the experience to show you what’s the truth about today’s market.

First, know that the market isn’t crashing and that home prices are still rising. However, the problem comes when Realtors and other real estate professionals try to pinpoint the “right” or “best” time to buy or sell. The truth is that the best time for you to make a move is when it’s right for you—it has nothing to do with the market.

“You need to know the truth about today’s market.”

If your family needs to buy or sell, that’s when it's right for you to act. It all comes down to your journey and what you need to accomplish. Still, if you’re looking strictly at the market, it is a great time to sell. Home prices are rising and inventory is down, which means you’ll have less competition and can get more for your home.

Unfortunately, buying a home is a little more challenging today. There are still a lot of options for people who need to buy, and there are plenty of ways to lower your interest rate and get smaller payments. Plus, there’s new construction! Overall, if it’s the right time for you and your family, you can make it happen. However, one important thing to note is that interest rates are rising. They’re much higher than they were two years ago, and they won’t go back down to that level. This is the new normal.

If you’re thinking about buying or selling and want to know what that would look like in today’s market, don’t hesitate to reach out. I am happy to give you good advice on how to navigate things, and I promise to keep it straightforward and honest. Just know that I can help you achieve your real estate goals. Call me anytime at (513) 657-2500 or visit my website. I hope to hear from you soon!

 

                                               Questions about selling your house?

                           Contact The Lowry Team today! Call or text 513-586-6900

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