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You're one step away from getting a free
marketing plan that shows how we'll sell your home for the most amount of money in the least amount
of time - hassle free.
The 2022 real estate market started off with a January that
was much busier than December with an increase of 44.3% more new listings than
December, although 10.5% fewer listings than January of 2021. Overall, closed sales in January nearly
identical to January of 2021. Low
inventory remains to be the biggest challenge with only 0.8 months of inventory
as the demand remains strong for the additional listing inventory hitting the
market.
Interest rates have been a moving target in recent months
and although not as favorable as they were a year ago, the rates around 4% are
still historically great!Even with
rising home prices, the affordability index is stronger than it was in 2018 due
to interest rates remaining below what they were at that time which offsets the
considerable home price appreciation in terms of the buyer’s monthly payment.
There are many potential sellers who would like to make a
change, but fear not being able to find a new home after selling theirs and
potentially move twice.Fortunately, as
this problem persists, new options have become available to sellers including a
great new program that is similar to a bridge loan allowing you to access the
equity in your current home to write a non-contingent offer on a new home, close
on that new home before putting your current home on the market, and then move
out and sell your current home.This
great option is not expensive with lending fees just slightly over what a traditional
lender would cost.Contact us today at
503-784-9940 or noah@arkrealtygroup.com
for more information on this creative solution to getting you to where you want
to be!
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By digitally signing this form you are providing with your express written consent to send you business and marketing communications via text messages (SMS), email, and by calls or prerecorded messages dialed by a natural person or by an automatic or automated telephone dialing system. This express written consent applies to each such email address or telephone number that you provide to us now or in the future and permits such communications regardless of their purpose, unless you opt out of SMS marketing communication when submitting this form. Consent not required to register. Message frequency varies, message and data rates may apply. Text STOP to cancel, call for help.
