Homebuyer Fact or Fiction [INFOGRAPHIC]

The fact is, homebuyers still have an advantage in today’s market.
Fiction: I should wait for mortgage rates to drop.
Fact: Mortgage rates are hovering near still-historic lows, but experts anticipate they’re going to rise in the very near future.
Fiction: There are no houses on the market.
Fact: Since January, the number of single-family homes on the market has been rising.
Fiction: Every home is selling for way more than asking price.
Fact: While home prices are appreciating, today only about 6 in 10 homes sell for over list price, and at a smaller margin than you’d expect
When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. Know what’s fact and what’s fiction.
It takes professionals who study expert opinions and data to truly understand the real estate market and separate fact from fiction.
Trust the pros. Even at the height of the last few months, we’ve helped our buyer clients make the best decision when it came to buying a home. In fact, many of them already have upwards of $100,000 in equity. If you want to understand why it’s still a good time to buy, let’s connect today.