See what critical changes are happening in the Northwest Ohio Market.
Change is constant in life, and the housing market is no exception to this rule. What changes are happening in the market, and is it still a good time to buy or sell a home?
Sellers can expect more money for their homes in today’s market. The continued increase in interest rates is paradoxically causing your home’s value to rise. Home prices have also increased in Northwest Ohio due to low inventory. If you price your home right, you can still attract many buyers and get multiple offers. Aside from houses, properties such as villas, condos, and apartment buildings are also increasing in value daily.
Now is a good time to purchase a home. Buying now means you can lock in your interest rate before they increase any further. You can always refinance once they go down. If prices continue to rise, you can ride the wave of increasing home values. If they decline, you can turn your house into a rental and get a new one at rationalized values.
“Houses, villas, condos, and apartment buildings are increasing in value daily.”
The real estate market is constantly changing, and it has changed dramatically over the last five years. My team is always adapting to these changes, and we are here to help you with your real estate needs. If you need more details about this topic or are looking for advice on your buying or selling plans, don’t hesitate to call or email us. We’re always here to help!
