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Updated about 2 years ago on . Most recent reply

User Stats

30
Posts
11
Votes
Joe Freeman
  • Real Estate Agent
  • Chicago, IL
11
Votes |
30
Posts

Anxious seeing the higher interest rates, or not sure if now is the right time?

Joe Freeman
  • Real Estate Agent
  • Chicago, IL
Posted

Personally, I don't think there is ever a "perfect" time to invest in real estate or buy your forever home. Yes, the low interest rates of years past may have been an optimal time to invest or buy, but as you see with the climbing interest rates, you are able to obtain assets at a cheaper price, which in return helps offset the higher interest rates. 

The over asking bids that flooded the market 6 months ago aren't happening as much anymore due to the interest rates knocking some buyers out of the buying pool. If you have any questions about buying in today's market or pricing your home right, I can help guide you in the right direction. Reach out to me through email or shoot me a DM if you have any questions!

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