Top 5 tips for buying and selling in early 2022
Is right now a good time to buy or sell?
Here are my top 5 tips to help you navigate buying and selling currently.
The first two tips are for our buyers and the last three tips are for our sellers.
1. Prices are going to be lower in the next 60-90 days, fewer homes on the market
2. Less competition, only serious buyers are staying in the market
3. Energy efficient homes are a thing for now and the future
4. Less restrictive closing duration. When fewer properties go under contract, and less people refinance that means escrow and title is not as overwhelmed
5. Buyers are motivated and serious! Very similar to number 2 fewer buys in the market is ok, as long as they are motivated.
With interest rates on the rise, and home prices continuing to increase many buyers (including those selling a home to then buy) are going to be entering the market in the next few months to catch the wave before they miss their opportunity again.
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