We’ve had a successful year thanks in large part to you. As a thank you, we want to give you a heads up on what the market will look like in 2017.
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Selling your Santa Clairta home? Get a Free Home Price Evaluation
Happy New Year! Thank you so much for your loyalty, trust, and support over the past year. We couldn’t be more thankful. We owe all our success to you and your trust in us over the years. As we roll into 2017, we want to discuss a few things you should be prepared for in next year’s real estate market. Here’s what to look out for:
1. Interest rates. Rates have been on the rise lately and are bouncing around a bit right now. I think they will settle in the mid 4% range, which is still historically low. If you’ve been thinking of buying, locking in a rate now would be ideal.
2. Inventory is still fairly low. With rates being up and inventory being low, we don’t anticipate a pullback in the market anytime soon. The market has to come back down at some point, of course, but I don’t see that happening this year.
3. Lots of opportunity for investment. If you’ve been thinking about investing, now may be the time to make a move. As long as you’re able to make the payments and hang on to the property, it won’t lose value in the rental market. It will only go up in value.
We couldn’t have been successful without you.
If you have any questions for me, don’t hesitate to give me a call or send me an email. I would be glad to help you whether you are thinking of buying, selling, or just have a question. I look forward to hearing from you.
