I keep having the same conversation over and over again, so I am assuming this is on your mind. I thought it might be helpful to share it with you all. Here is the conversation:
Someone: So what is going on with the market? Is it just a terrible time to sell or buy right now?
Me: Actually, everything has just gone back to normal. We had an insane market for about 18 months there. You could list a house and get ten offers and sell it three hours before it actually hit the market. That is gone now. We are just back to normal. A house can take 1-3 months to sell on average. That is the way it was before. It is back to that.
Someone: What about interest rates, though?
Me: Also, just back to normal. The rates we had before were insane. It was a good idea to exploit them as much as possible. Now we are back to normal interest rates. Depending on the bank and the day, rates are anywhere from 5%-6%. That is very normal.
Someone: So the market is just back to normal, and it is fine for me to buy/sell a house?
Me: Yup.
There you have it my friends. Let me know if you have any questions.
As always, I love doing what I do. I love looking at the market, and I love building relationships with the people I get to help. Let me know how I can help you. Call me today. You can reach me at 515.639.0047 or RyanLynch@KW.com. I am good at what I do, and I want to help you.
~Ryan Lynch