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When it comes to a market update, if you’re in real estate, congratulations. If you’re not, I strongly suggest you reconsider.
Right now in The Triangle area, this is a real estate Mecca! If you’re looking to buy, now is a great time to buy. If you’re looking to sell, now is a great time to sell. According to the MBA data that came out yesterday, mortgage application volume is down 2% month over month, and 16% year after year. The Dow just set a new closing high yesterday, and stocks are poised at all-time high levels once again. The conventional 30-year rate is 3.375%, and the 15-year rate is 2.8%. Government loans are 3.3%.
Right now in The Triangle area, this is a real estate Mecca! If you’re looking to buy, now is a great time to buy. If you’re looking to sell, now is a great time to sell. According to the MBA data that came out yesterday, mortgage application volume is down 2% month over month, and 16% year after year. The Dow just set a new closing high yesterday, and stocks are poised at all-time high levels once again. The conventional 30-year rate is 3.375%, and the 15-year rate is 2.8%. Government loans are 3.3%.
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We can’t keep homes on the market!
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This money is readily available for qualified buyers. If you’re looking to sell, inventory levels are as low as they have been in years. We can’t keep homes on the market!
If you’re looking to buy or sell, I’d love the opportunity to work with you and help you in either process. Please don’t hesitate to give me a call or send me an email.
If you’re looking to buy or sell, I’d love the opportunity to work with you and help you in either process. Please don’t hesitate to give me a call or send me an email.