Blog

February 10, 2020

The Cost of Waiting

Wondering whether you should buy your dream home now or wait? A recent Seattle Times article shared some insights on the current market and broker's predictions of a return to the market frenzy we experienced a couple years ago. Here's why waiting to buy could cost you! 

SUPPLY + DEMAND:
If you're shopping for a new home or even tuned in to recent news...you know that inventory levels are low. Fewer homes equals greater demand. The higher the demand, the higher the price. Waiting until the end could cost you money.

MISSING OUT ON THE BEST HOME:
Sales activity has picked up and with lower inventory, it's a bigger gamble to wait when you've found the right home that fits your needs. We've had 5 offers in the last 2 weeks. Act today while you still have the best choices!

CUSTOMIZATION:
Do you want the opportunity to personalize your luxury home? Writing an offer today on a pre-sale home gives you the most choice of finishes and upgrades. If you wait, the number of choices you have will be further limited, or...the opportunity will be gone completely.

PRICE OF MONEY:
Mortgage rates could rise. Rates are extremely low right now! A home purchased today could be significantly less than a home purchased in the future.

Check out our current pre-sale opportunities, and let us help you find a home where you will truly love where you live!

Reference: Seattle Times (1/6/2020) "Amid falling inventory..." 

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