While interest rates have gone up across America, real estate prices have gone down. In most cases, buying a home at a slightly higher interest rate can actually be advantageous for you! Listen in to learn about the state of the market right now (August 2022) along with the top reasons you should or shouldn’t buy/sell a home right now.
In this episode, we talk about how to leverage interest rates to build your wealth as home prices go down, what sellers need to be aware of right now, our real estate market predictions for the fall, and Maynard’s #1 recommendation for pre-approved buyers.
Key Topics/What You’ll Learn:
(00:51) Seattle in the summertime & What’s happening in the Seattle real estate market right now?
(05:56) Is it a good time to buy/sell real estate? & The reasons behind why people buy/sell.
(09:20) Why it’s beneficial to buy real estate now, even if you wouldn’t buy in the spring.
(14:36) If you’re an investor, THIS is why you should be looking for opportunities in real estate right now!
(17:25) Mortgage loan programs & The 2-1 Buydown Program
(23:19) Will home prices keep going down? Here are our thoughts…
(26:15) Maynard’s #1 recommendation for pre-approved buyers who are ready to buy.
(27:57) Top 3 reasons to buy a house right now.
(31:53) Top 5 reasons why you shouldn’t buy a house right now.
(36:26) Preparing to sell your home: What sellers should expect in the current real estate market.
(46:50) Why it may not be the best time to sell your home if this is you.
(48:26) Should I get a 15-year mortgage loan rather than a 30-year mortgage loan?
(49:52) What we’re looking forward to this fall in Seattle.
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Don’t rely on mainstream media to give you home-buying or selling advice, speak to the professionals, like us! Have a question about buying or selling a home? Let us know!
If you enjoy Seattle Living & Wealth Building, please RATE/REVIEW us on Apple Podcasts and SHARE it with a friend or loved one you think would enjoy it too!
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Buying or selling a home? Visit our website to get in touch: https://www.mwagnerhomes.com
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Seattle Living & Wealth Building is produced by Wagner Real Estate Group which is based in the Seattle, Washington area. With over $225 million sold in the last 5 years, plus 17 years of total experience, we thrive to provide exceptional real estate services in an innovative, collaborative, and positive-minded team approach.