What do classic cars at the Barrett-Jackson auction and properties throughout the region (and across the country) have in common? They’re both getting substantially higher bids than just a few years ago. But this is not only not unexpected ”“ it’s not a bad thing, because it means you’ll be in a great position when you go to sell down the road!
On the 02/05/22 episode of Open House with Team Reba, Reba and Eric take a look at the dynamics of the housing market and offer important advice on leveraging them to your benefit.
You’ll learn:
· Some of the current going rates of properties throughout the Puget Sound region.
· Factors limiting new construction and available inventory.
· Why builders often avoid large condo projects – and what that means.
· What the Fed is doing right now, and how it will impact mortgage rates.
· Why internet companies will never be able to replace quality agents and lenders.
· Why overpaying on a property is not necessarily a bad thing.
· And the risks of waiting too long to make your move.
Plus, some insightful real estate and lending stories that shed light on the current state of affairs in the market.
So buckle up for a wild real estate ride on the episode of Open House with Team Reba!
Tune in here
