Here’s a real estate myth that might be costing you money - “I need to wait until the interest rates drop before I buy a home.”

Well, that might cost you more money in the long-run and here’s why.

When interest rates drop, lots of buyers enter the market. More buyers = more offers. More offers = higher home prices.

So, yes, you might save a little on your interest rate, but it may cost you more to buy the home than it would right now.

Right now, buyers have more negotiating power than they may realize. But that’s not the case when there are many buyers in the market.

So, if you’re thinking about waiting because of interest rates, let’s talk strategy instead of guessing.

I hope this has been helpful. If you’re thinking about buying or selling, give me a call. My team and I are on standby, 7 days a week, ready to help you take the smoother road to sold.