How the U.S. Housing Market Was Rocked by COVID-19—and Where We Go From Here
Time To Sell, upgrade and Time to Buy.
Interest rates will continue to increase as demand will continue to increase. SELLERS; as interest rates increase it will start to weed out entry level buyers that can no longer afford to jump into the market which will normalize sales proceeds on entry level homes. BUYERS; interest rates mean more to your budget and bottom line than price or condition, stop waiting for the “PERFECT HOME” and look into how easy and inexpensive some fixes are like, carpet paint and kitchen updates are. Real estate scarcity in CA is a real thing, buying Real Estate will ALWAYS be a good investment.
