To Buy or Not to Buy? That Is the Question
We are slowly but surely getting into the Fall spirit especially as the weather changes and the leaves and the rain come down. I love this time of year for many reasons! If you are on the cusp of a buying decision around real estate, let me assure you that we are headed into an awesome buying time. These days, I'm leaning in myself and looking for my next deal because I love this time of year the most to find a deal from a wonderful motivated seller. Won't you join me in making personal or professional moves during your life's real estate moments?
In the video above I discuss many of the reasons why the end of the year (or the beginning of next year) is prime time to get situated in your new dream home or investment property.
Mortgage rates are trending downward, offering a golden opportunity for buyers to lock in lower rates and reduce monthly payments, potentially saving thousands over the life of a loan. Acting now allows you to capitalize on these rates before the early spring market likely brings increases, preserving your purchasing power and securing a more manageable financial structure. Simultaneously, housing inventory is on the rise, alleviating the intense competition of recent years and providing buyers with more options and greater negotiating power. Fall and winter further enhance the buyer’s edge, as fewer active shoppers mean less competition and more motivated sellers, with homes often selling for an average of 96% of their list price. Adding to these advantages are the tax benefits of homeownership, including potential deductions for mortgage interest, property taxes, and PMI, which can lower your taxable income. Together, these factors create a compelling case for starting your homebuying journey now.
If you’re looking for your next deal, check out available homes in DFW HERE.
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Warm regards,
Yourfriend and favorite REALTOR® team -
Megan Johnson, Broker-REALTOR®
Modernest Realty Team
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