What Buyers & Sellers Should Know About the 2020 Market


Here’s what we expect from our 2020 market.

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Where’s our real estate market headed in 2020?

In 2019, one out of every 10 offers was part of a multiple-offer situation. Next year, experts predict that ratio to increase to one out of every four offers. That is a huge difference, and it also demonstrates why it’s important for anyone buying a home next year to hire an agent who can handle multiple-offer situations and help you come out on top. 

If you plan on buying in 2020, you also need to prepare for more competition. Interest rates are expected to hover around 3.8%, which means more buyers will enter the market to take advantage of these low rates. 

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   We’re looking at a nationwide home price increase
of 6% over the first half of the year.



Inventory is expected to be low too, which means we’re looking at a nationwide home price increase of 6% over the first half of the year. Once this happens, more homeowners will want to list their properties, and more builders will want to start building. With this increase in sellers, we expect conditions to balance out toward the end of 2020.

My team and I are experts when it comes to multiple-offer situations, and we’d love to help you achieve all of your real estate goals in 2020. If you have any more questions about our future market, don’t hesitate to reach out to us. We look forward to hearing from you. 

Should You Sell Now or Wait?



Is it better to sell right now or wait until spring?

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If you’re thinking of selling, but aren’t sure whether you should wait for the spring or summer to do so, this message is for you. Though more homes, statistically, sell during this time of year, that doesn’t necessarily make these seasons the best time to do so. People are always looking for homes to buy, and the winter market offers several advantages.

For one thing, competition is low, which means the demand for your home is high. Many serious buyers enter the market at this time of year, and this gives winter sellers the chance to capture a great deal. Why wait to sell when everyone else is doing so, too? If you’re ready to sell now, then it’s time to get off the fence and put your home on the market.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

The Key to Buying and Selling Simultaneously



Don’t have enough equity to buy your next home? Do this instead.Want to Buy a Home? Search All Homes
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Recently, a client came to us with a very common concern: They wanted to sell their current home and then buy another but lacked the funds to polish up their current property and the equity to leverage toward their next purchase. 

This scenario might sound daunting to tackle, but there are actually a number of solutions this client (and others like them) may be forgetting—including the fact that you can pull from a retirement or other investment account to fund a home purchase. And, unlike when you pull out funds from these accounts for other reasons, pulling out money for a home purchase can often be done in a way that won’t subject you to penalty fees. 

This solution helped the client I mentioned earlier to execute their home sale and home purchase with very little hassle, and it could potentially do the same for you. Of course, you should always talk to a financial advisor before making this kind of move.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.