Buying and Selling a House in a Hot Market
Q: What advice do you have for buyers, as they look to buy a home in the current housing market?
- Q: What advice do you have for buyers, as they look to buy a home in the current housing market?
- In the spring of 2020, no one could visit a house for sale due to the pandemic quarantine.
- By autumn of 2020, there was pent-up demand to buy houses that were not available in the traditional buying season of the spring.
- Low interest rates made it possible for buyers to pay more for a house because low interest rates mean lower monthly mortgage payments.