Many homebuyers who have put their searches on hold are undoubtedly pleased to hear that homes are still going up for sale—an encouraging sign that could bring some Forsyth County buyers back into the hunt. The gains in inventory aren’t the only reasons buyers are revisiting the Forsyth County real estate listings:
· The consensus has it that mortgage interest rates are most likely to continue to rise, rewarding those who lock in home loans sooner rather than later.
· As long as inflation levels continue to rise, home prices are expected to do the same. Per realtor.com, “The Fed is now hellbent on taming prices by hiking interest rates”—with a predictable effect on home loan offers.
· This time of year traditionally sees a lull in competition—and fewer buyers make sellers more open to concessions. Springtime is usually when the mob arrives.
· Although many otherwise qualified first-timers have been sidelined by the onslaught of challenging financial factors, nimble buyers willing to compromise on fixer-uppers or properties located outside their first-choice neighborhoods may still become homeowners before the opportunity dwindles further.
If it seems as if those reasons are iffy, it’s another reflection of the ever-present fact that the future is always unknowable (in the short term, at least). There may be grounds to hope better deals will be possible in the future, but at present, few claim that prospect is anything like a certainty. The bottom line remains: if you can find a home you’d be delighted to own at a price that doesn’t dangerously stretch your budget, it’s worth seriously considering. The IRS’s April 15 reminder of the very real costs of not owning is only one of the reasons!
Call me to discuss the latest array of offerings currently present on the Forsyth County real estate listings. You’ll be a more experienced shopper for having familiarized yourself with the changing Forsyth County real estate market—and be better prepared to move decisively when the right opportunity appears!
Please feel free to call or text me at 404 710 0204 (or drop me an email) if I can provide you with more information about this article, or if I can assist you with buying or selling Forsyth County real estate.
This Cumming GA Real Estate blog is hosted by Gayle Barton of BERKSHIRE HATHAWAY HomeServices Georgia Properties.
I specialize in Real Estate sales in the following Forsyth County and North Fulton County cities: Cumming, Suwanee, Alpharetta, Milton and Johns Creek. Other north metro-Atlanta suburbs are serviced by request, so please call.
Gayle Barton Forsyth County Real Estate | Cumming GA Real Estate | Mountain Crest Homes For Sale
Gayle Barton Cumming GA Real Estate | Forsyth County Real Estate
Disclaimer: Information contained in this post is deemed reliable on the date of publication, but it is not guaranteed and it is subject to change without notice. All content, including text, original art, photographs and images, is the exclusive property of Gayle Barton and may not be used without expressed written permission.