“Turn Up” a Down Market
There’s good news for savvy homebuyers
Yes, the real estate market is wild. High prices and low inventory have given way to high interest rates and market concerns.
And winter is coming.
The typical reaction during times like this is “Let’s wait it out”.
You aren’t typical.
How do you turn a down market up? Read on and see which of these steps make sense for you.
First of all, get a Realtor on your side. Don’t wait. These market trends happen,, and as wild as they seem, experienced Realtors have seen it before. They’ll know when it’s the right place, the right price and the right reason to roll. Let them go to work for you now.
Four more ways to “turn up” a down market:
Get a guide. If you are planning a New Construction project, get a consultant who knows the ropes and the relationships. A Realtor can help you find the best Home Builder now while they are lining up the best jobs
Where will you build? Where will you live? It wasn’t so long ago that nothing was available. Engage a Realtor who knows your community of choice and have them start looking for the right opportunities now.
High Interest Rates can be in your favor. If you have home equity, or savings to access without a loan, those interest rates won’t affect you as much. If you can buy at a lower price while others wait for rates to fall, you’ll come out ahead.
Make “old man winter” your friend. New Construction projects started in the Fall can make the digging go smoothly in the Spring. And the “new to you” luxury homes may cost less on a cold day.
You can turn a down market up. Just don’t go it alone, or make decisions based on the typical responses of the masses. You are unique, and you deserve a unique path. Let everyone else “Wait it out”. Go get it!
We are Nancy and Roger Hassler, and have over 24 years of experience in the Medina region with luxury home sales and New Home Construction projects. We’ve seen tough markets before. Let us put that experience to work for you. Call us today and let’s see what dreams we can help make come true.