Here's 3 reasons why the housing market could be heating up! ๐ฅ #housingmarket
So are you also seeing these indicators that might send the housing market back into a buying frenzy? You might think I'm crazy because rates are higher than they were last year and home prices have only slightly adjusted. But here's three key indicators as to why I'm personally looking at buying real estate right now: One, inflation data is trending downwards, which is a good thing. inflation data is based on a 12 month average and we are just now starting to see it Trend downwards, so interest rates are likely to follow. Two, the FED stance on the markets is getting better, which also means rates are likely to Trend downward.
And lastly, three, negotiating power with sellers is still there, so you can still take advantage of that. When rates drop down, you're not going to have as much negotiating power. You want to get ahead of the trend before it becomes a trend.
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