A lot of people have been asking us lately where we think the market is headed as we approach the latter half of 2016. A lot of people are also curious about how the election is going to affect the market, and whether those effects are positive or negative.
Here’s what we know. Rates are continuing to decline, which is great news for buyers. We will see some instability in the market no matter what happens just because of the huge question marks surrounding who our next president will be.
Interest rates are low, but they will go back up soon.
However, when all the dust settles, we are confident that the spring market will be hot again in 2017, no matter who is in office.
If you have any questions for us or are interested in buying or selling a home, give us a call or send us an email. We look forward to hearing from you.
