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What is happening in real estate this month? January is starting off to be pretty busy. We have a bunch of listings coming onto the market, and there are many buyers in town.
After the election, people are tired of waiting, hoping for rates to go down further or for better market conditions. If you plan to buy a home, I suggest you enter the market now. Why? Because home prices are going up. For buyers, the longer you wait, the more you might end up paying.
We are also keeping an eye on interest rates and think they might come down a little towards the end of the year. But remember, it doesn’t mean prices will also go down. So, if you’re thinking about moving, the best thing to do is act now.
If you want to understand how this impacts you, let’s do the math together. We can figure out your mortgage payment or talk about market trends. Please reach out at (919) 830-9051 or cynthia@cqrealtygroup.com. I can help.
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