If you’re a homeowner thinking about selling, the higher price appreciation over the last two years has been great for your home’s value, but it’s also something you should factor in when planning your next steps. If you’ll also be buying a home after selling your current house, you shouldn’t wait for prices to fall. Waiting will only cost you more in the long run because climbing mortgage rates and rising home prices will have an impact on your next home purchase.

Buyers Want to Know: Why is Housing Supply Still So Low?

While low inventory in the housing market isn’t new, it’s a challenge that continues to grow over time. If you’re planning to buy this year, the key to success will be patience given today’s low inventory.

How Smart Buyers are Approaching Rising Prices

Serious buyers should approach rising rates as a motivating factor to buy sooner, not a reason to wait. Waiting will cost you more in the long run. Let’s connect today so you can better understand your budget and be prepared to buy your home even before rates climb higher.