In 2019, home
prices began to increase and will continue to do so in 2020. For sellers, that
means that a higher profit will be made. If you are thinking about buying a
home, pay close attention to your budget and purchase a house that is
affordable and fits your budget! Keep saving and weigh-out your wants versus
rates falling, sellers may find buyers that are motivated to purchase sooner
than later. Buyers should consider a mortgage with a fixed interest rate for
the duration of the loan. A fifteen-year fixed mortgage rate is recommended
because of the lower interest rate and less interest being paid off over time.
the largest group of home buyers. If you are a seller, it’ll be time to upgrade
your online marketing resources – You REALTOR® can help you with that.
Highlight the perks and popular features of your home. The size of your
property is not everything to this demographic; it’s the unique features that
make a home stand out from the rest.
determine what is ideal in a dream home. Also, enlist a REALTOR® to help
navigate through this unfamiliar territory. Finally, as a seller or buyer, if
you can’t find the perfect solution, put your mind at ease because home equity
is unlikely to decrease in 2020.
selling or buying, you can take advantage of the current trends by partnering
with a professional real estate agent. Solid advice from an expert will
help you make the best decision about buying or selling your home!