THE SEASONALITY OF THE MARKET
What we want to encourage our young buyers with in the midst of our current market is that investing in Real Estate is a GOOD idea. Taking away fear and implementing well educated buyers on how to build equity and invest their savings. GOOD Real Estate practices and principles tackle the seasonality of the fluctuating market. Equity is always viable and young buyers need to know that building equity is most important in their long term investment strategy.
REAL ESTATE PRESEPECTIVE
It is simple. Instead of letting hesitation and fear drive your decision making, let data. Below is a graph giving us the average interest rate since 1971. The last three years does not indicate a balanced market. We recommend not letting the interest pin-point when you are getting into investment. We have all heard the saying, “Marry the house, not the rate.” As a Real Estate office, we want to focus on the house. Making smart and suitable decision based on the house that sets you and your family up for success down the road. In the video above, location is what we direct people to think about the most.
In conclusion, focus on the home you are buying. Use the interest rate to determine affordability. Buy a home that fits your lifestyle and begin to build equity.