Market Conditions

Interest rates will likely go to 7% by the end of the year. Getting a fixed-rate mortgage now would be a good thing.

Most markets in the US are experiencing what is termed a buyer’s market. That means you can be a picky buyer and negotiate prices.

If you use a commissioned agent that represents the seller then they are not likely to want to negotiate the price downward.

Now is a good time to try Flat-Fee MLS. By charging a flat fee to homebuyers and sellers, their interest is in providing service while the price doesn’t matter as much.

See Also