Keep Up On What Causes Market Shifts
Watch Interest Rates
Higher mortgage rates drive the monthly cost of a home up. When rates go up, purchases typically slow. But when mortgage rates do decline, buyers are more enticed to take advantage and purchase.
As the government rolls out new incentives and ways to help buyers, there’s a stronger urge to purchase with support from things like down payment assistance for first-time homebuyers and tax credits.
Positive Economic Outlook
If the economy is on an upward shift and everything is looking good, strengthening the dollar, then buyers will feel more comfortable purchasing a home
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