Real Estate Prices Are Too High – Should You Wait? (Pros & Cons)

#atlantarealestate​ #housingmarket​ #realestate

With properties selling for well over list price and the competition for a home higher than ever, many buyers are expressing a desire to opt-out of the market and agents are struggling with conversations around this idea. I’ve tried to strike a balance in this video for buyers and agents on how to handle this conversation, what it looks like if you wait and how to decide if now really is the right time to buy.

Interest rates remain near all-time lows, prices look to continue rising for the foreseeable future.

📌Resources📌

✅ Freddie Mac – healthy market, rising rates: http://www.freddiemac.com/research/forecast/20210414_quarterly_economic_forecast.page?

✅ Realtor.com: https://www.realtor.com/research/video-weekly-economic-and-housing-market-update-may-7-2021/

✅ MBA – loans in forbearance keep falling: https://www.mba.org/2021-press-releases/may/share-of-mortgage-loans-in-forbearance-decreases-to-436-percent

Ryan Ward, Broker/Owner
☎️C:770-604-1860
Premier Atlanta Real Estate
[email protected]

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