November to February a great time frame opportunity for buyers and sellers. Stop saying “it’s just a bad time” you got to be smart about it. You can only lock in a rate once you’re under contract and mutual acceptance. But be careful because stock market goes up and down all day. We are always seeing movement in the market. Make a decision today puts you ahead of the game. Feds indicated that they may start pulling back on mortgage-backed Securities that’s called MBS. Feds don’t control the market rates. Mortgage rates going up VS what pricing is doing - goes side by side.
Don’t slow down, even if the market goes up and down. Prepare yourself and look for some extra little things you can do to set yourself apart from others sellers. This is the best time to consider looking at buying a home you want. Mortgage is trending in an upward direction right now. New money means new purchase. 2022 is still going to be a very aggressive market. Seller wants to sell. Sellers are more open to alternative as far as pricing terms and things. Now is the right time to buy and sell a house! Do not over price your home. List price VS value price. No home will sell for less than market value in a limited inventory market. The buyers know what value is. Seasonal slowdown has a significant adverse effect on people’s buying, it has a massive impact to buyers and sellers
EVENTS AND HIGHLIGHTS OF DECEMBER
Large portion of the commission we receive is donated to the Seattle Children's Hospital - STRONG program.
If you have any questions or comments you would like answered in next month's newsletter, email me at [email protected] and they will be included in the market update.
OR if you would like more information on our unique systems and programs, call us at 425-236-6777 or visit our website www.GeorgeMoorhead.com
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GEORGE MOORHEAD - Bentley Properties
[email protected]
Direct: 425-236-6777
14205 SE 36th St., Suite 100, Bellevue WA 98006
www.GeorgeMoorhead.com