What Do Recent Bel Air Market Trends Mean for You?

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Who does our market currently favor, buyers or sellers? Let’s take a look at a few recent market trends to find out!

Right now, inventory is incredibly low, which makes it a great time to be a seller. Buyers are out looking for homes because interest rates are so low and, as the spring season approaches, demand is only going to increase. In order to take advantage of this influx in buyers, it’s best to start getting your home ready for the market right now. Give us a call if you’re interested in a free market analysis and help with staging. We can help you sell your home quickly and for top dollar.

Although sellers have the upper hand, it’s not necessarily a bad time to buy. There is a lot of grant money available for first-time buyers, making it cheap to buy a great first home. Talk to your local lender, or one of our preferred lenders, to see what kind of lending program works best for you and your family. Even if you’re not a first-time buyer, borrowing money is pretty cheap right now, as interest rates are historically low. Experts believe that rates will rise this year, so now is an opportune time to lock in a low rate when buying a new home!

If you have any questions about where our market is heading, or if you need real estate assistance of any kind, please don’t hesitate to reach out to us. We would love to hear from you!