The Next 90 Days: Golden Opportunity for Homebuyers

In our industry, timing can make all the difference in the world. Did you know that the next 90 days could be the golden opportunity for homebuyers?

 This is quite possibly the last excellent opportunity for homebuyers before home prices start surging again and rates drop further. Let me take you on a quick educational journey to explain why.

 Remember back in April, May, and June of 2020 when the housing market seemed “quiet”? As we all know now, those who seized the moment and purchased a home during that time have undoubtedly experienced a huge increase in their property’s value and built a ton of equity!

I know, I know…. History doesn’t always repeat itself, but we’re likely to witness a very similar trend here soon!

 Here’s the interesting part:

As rates start to tick downward, the media’s narrative will certainly shift. This will set off a surge in demand. The consequence? Home prices will skyrocket.

 Now consider this- if home prices remained stable even when rates and inflation were above 8%, what do you think will happen when rates potentially drop to around 5% sometime in 2024? Prices are likely to stay steady or increase, not decrease.

 "The time of maximum pessimism is the best time to buy." This powerful reminder emphasizes that sometimes, the moments that seem least promising can be the best opportunities for investment, ESPECIALLY in real estate.

So, for anyone contemplating the idea of purchasing a home or diving into property investment, now might be the perfect time to act. Use this narrative to help your clients understand that this could be their chance to build wealth through real estate for the next several years or possibly even a decade!

And if you need more tools in your arsenal- I’ve got your back. Reach out to me to discuss.

Let’s do this!

xo –  KG