Making any big decision usually requires impeccable timing. Now that the elections are over, consumer confidence continues to rise, the stock market has posted strong gains and an economic upturn is in full swing, making this an ideal time to buy or sell real estate. Please consider the timeline above.
Although buyers may have to pay a little more, any increase should be more than off-set by low interest rates if a purchase is made now.
For sellers, the ability to sell at the best price could be compromised as interest rates rise this year, impacting what a buyer will have to pay in mortgage expenses.