There is no doubt, we are in an exceptional market! With an abundance of supply and mortgage rates incredibly low, is it worth waiting to buy to see if prices come down?
The answer is no. If a buyer is ready to buy a house, they should do it now. If the fed cutes the interest rate by 50 basis points, the mortgage rates will most likely go up. If prices do hold steady through the spring market, a buyer will ultimately spend more for their home.
Don't wait! Have a market analysis performed to determine the homes worth, and by all means, make an offer!
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