NOW Is The Time To Buy!

Are you in the market for a new home? If so, NOW is the time to buy! With prices starting to rise again and inventory shrinking, the market is becoming more competitive. But don't let that discourage you - there are plenty of opportunities to find your dream home at a reasonable price.

One of the main advantages of buying now is the fact that mortgage rates are still historically low, and eventually should push lower. More buyers will enter the market as rates come down, which means that competition may be fierce in some areas. Sellers may not be as willing to negotiate and we may likely start seeing multiple offers on homes again.

If you're thinking about taking the plunge and buying a home, it's important to stay up-to-date on the latest market trends. According to recent market updates, home prices are back on the rise. This is due to a combination of factors, including low inventory and high demand. For example, March 2023 median new listing price was $450,000 valley wide, up 6% from the November lows and median sales price is also up from its lows in January, per ARMLS.

Despite the rising prices, there are still plenty of great opportunities for buyers. Whether you're looking for a fixer-upper or a move-in ready home, there are options available in every price range. It's just a matter of finding the right one for you.

At the end of the day, buying a home is a long-term investment. Even if prices are higher now, they may continue to rise in the future. By buying now, you can lock in todays pricing and refinance that loan at a later date. Plus, you'll have the satisfaction of knowing that you've invested in a valuable asset that will provide a comfortable place to live for years to come.

So, what are you waiting for? If you're in the market for a new home, NOW is the time to buy.  Contact me today to start your search and find the home of your dreams.