Can you believe it’s already September? 2019 has really flown by, and the real estate market is still buzzing. We’ve been extremely busy here at RE/MAX Professionals, and there are a few reasons why.
For one thing, inventory is low—the lowest levels I’ve seen in many years. Properly priced homes are selling within days after being listed. In fact, we listed two houses this past week in different price ranges that sold within a few days. If you’re thinking about selling, now is definitely a good time to do so.
Interest rates are also very low right now—as low as 3.5%. Mortgage rate projections for Fannie Mae, Freddie Mac, the MBA, and the NAR are about 3.62% for the rest of 2019. This is great news if you’re a homebuyer.
If you’re a homeowner, these low rates mean now might be a good time to refinance. We know a great financial team we can refer you to who can get you refinanced in just a couple weeks.
If you have any more questions about our market or you’re thinking of buying, selling, or refinancing, don’t hesitate to give me a shout. I’d love to hear from you.