In the recent months, the real estate market has begun to shift. What does that mean for you as a buyer? Should you wait for rates to go back down? Should you wait for house prices to drop? Here is what we are seeing in this market shift and why it is a good time to buy.
1. Housing prices are starting to balance
You may have noticed some homes sitting on the market longer than 48 hours or sellers are dropping their prices in order to sell. This does not mean that the value of the home is decreasing. It means that we have reached the peak of this crazy, rapidly climbing market. Over the past few years, housing prices have increased faster than we've ever seen before. House values were increasing tens of thousands of dollars if not more in just a…
