October 1st, 2022


The changing economic landscape is providing potential buyers with new opportunities in the real estate market that has not been seen in months. Data indicates that despite the rising mortgage interest rates, some homebuyers are seeing the advantage of the increasing number of homes for sale and the cooling competition. The amount of price reductions has almost doubled from a year ago and homes are gradually beginning to spend longer on the market. However, homes that are priced correctly, well maintained, and located in a desirable neighborhood will still attract plenty of attention from buyers. For homebuyers unsure about the current real estate market, consider the benefits of hedging against inflation, equity, long term appreciation, and tax benefits.

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