Ask someone what’s the American Dream, and almost every response includes homeownership. For all of us homeowners, we have certainly seen our dreams come true through wealth generation and invaluable lifestyle and community benefits.
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Interest Rates are up. The average home’s Days On Market (DOM) has doubled. The median sold price is down 8% between April &May. Are these signs of a housing apocalypse? We think not!
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We are frequently asked the question, "is now the right time to buy"?
With the median sold price on the Eastside increasing over 30% in the last year it certainly can be hard to believe that now could be a good time to buy. But when looking at the bigger picture...now, as in right now, can present a good opportunity to buy. Thinking we're a little crazy?! (LOL!)...here are a few key facts and trends that we're sharing with our clients/friends on the daily...