These are questions I hear often. Is it a buyer’s market? Is this a seller’s market? While both are always very valid questions, the real answer today is that this is a good market because of low interest rates.
So, how does this affect your decision to buy or sell? Many buyers and investors have more buying power today than they have had traditionally. If you are a buyer, your buying power right now may be stronger than it will be a few months from now. When interest rates go up, and they will, your buying power will go down even if you have the same credit rating, the same income, and the same investments. Interest is a major key to real estate success today.
Real estate investment properties and return on investment
Do you have money in the bank and find you are not earning much on it? Are you considering investment real estate? This is an ideal market for you because the low interest rates give you an excellent chance of improving the return on your investment. Rents have gone up, giving you advantages that were not there last year. A duplex, triplex, or fourplex (also called a quadplex) may be ideal for you. The income from your rental property can contribute to paying for the property.
Median home price and free MLS search
Talk with me about the current median home price and what is driving it. Ask me about real estate trends, the local real estate forecast, off-market properties, off-market listings, and pocket listings. Take advantage of a free MLS search and an analysis of your possibilities. Whether a home seller or home buyer, let me give you an initial market analysis. If you are a buyer, learn about the ways I present your irresistible offer to the sellers. If you are a seller, ask me how I respond to buyers’ offers, especially when they are lower than expected. Find out why people call me ‘hardworking’ and ‘conscientious’, a man of integrity.
To set up an appointment for an initial consultation and a review, please go to the Contact tab or call me at my office (415) 897-3000 x248 or my cell at (415) 483-6009. I look forward to becoming your Marin realtor, the resource you can trust.