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Real Estate Brokerage Blog

Here you will find information about our real estate tips and real estate informational strategies we engage in.

Tuesday, February 14, 2023

Inflation & Real Estate

 Hi Prospects & Friends!

The economy is still showcasing signs of high inflation, and this economic factor is still affecting the buying and selling sides of real estate. If you're sellers and listing your property on the market understand the longer your inventory stays on the market, the buyer maintains bargaining purchasing power. If you're a buyer seeking to buy a home, understand mortgage rates are still not that low, and you could be looking at a higher interest rate than just 1 year ago. Overall don't let the current economy steer you in another direction you wouldn't elsewhere turn, because if you let this happen, you could miss out on many golden real estate opportunities, as well allow it to cost you whether you're a buyer or a seller.