Broker/Realtor, Prudential Contact Corp, Puyallup, WA
1 year ago
With interest rates averaging less than 4%, the lowest in history, this is the time to buy. Buyer's lack of confidence is more of a challange.
I've sold homes in the 1980's when home loans were 16% or more. Thought that if the rates ever got under 12%, we would be selling right & left. Now, at 4% or less, qualified Buyers are on the fence.
Now is the time to invest! Home prices are starting to rise, according to NWMLS, and Realtors are seeing multiple offers on their listings.