I don’t know how to make this more plain. Right now, every interest rate for buyers is below 3%. If you are looking at a 15 year mortgage, you are getting precariously close to 2%. I am helping buyers, because they have every reason to buy with money being this cheap.
If you already have a mortgage, look into what refinancing would do for you. These rates are absolutely ludicrous.
That being said, if you have been thinking about selling, inventory in the Des Moines area market is down close to 40% since February when all of this began. And that was February! As of this writing we are currently at only 2,613 houses on the market. We were over 4,200 in February. February!!!
If you are looking to buy or sell, I would love to help you. It is an incredible time to do both. Reach out when I can help you in any way.
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