Category: Real Estate Tips

There’s been a slight increase of homes on the market, but buyers who got a 3% mortgage when they bought their home likely don’t want to give that up. 

Which means a lot of people who considered selling their homes, are now hanging onto them as rentals instead.

They want to hold onto the mortgage (rate) and get somebody else to pay the rent.

That means there could be a lot of inventory locked for years to come.

So, did you miss out on timing the market? Don’t count yourself out of homeownership yet. The best time to buy is when you can personally afford to do so.

Need help navigating the process? Schedule your strategy call today.

Knowing what’s actively on the market gives you a sense of how much available property you have to consider as a buyer.

For sellers, it means pricing your home amongst competition.

At the end of the day, inventory has increased over the past few months, but overall levels are still tight compared to where the market was before 2020– hardly an inventory “boom”.

I’m excited to connect you to the life of your dreams by helping you make informed real estate decisions. Schedule your strategy call today.