Yesterday the July edition of the Burns Metro Analysis Report was released. After a period of historically low-interest rates, it is no secret that interest rates are continuing to rise so this got us thinking about what sellers and buyers should be doing to work with where the current interest rates are right now.
Check out our YouTube video above where we’ve outlined some great tips for our Buyers and Sellers on how to navigate through this time.
If you’re a seller, it’s time to get your home looking sharp and picture-perfect by investing in upgrades. This will help make your home more appealing to buyers and could lead to a quicker sale. It’s also equally as important to work with an experienced Orange County real estate agent. Our team can ensure your home is being marketed effectively and most importantly that it is priced correctly from the start.
If you’re a buyer we recommend you view your interest rate not as your lifelong partner, but as someone you’re merely dating! We say this because down the road you have the option to refinance for a better rate, but the opportunity to own your dream home could pass you by if stay on the sidelines for too long.
If you have questions about our take on the market this month be sure to reach out and let us know how we can help you find the one!