Homeowners have spoken. With mortgage interest rates experiencing their first rise in more than nine years, people looking to sell are listing homes now, while buyers still have access to affordable money.
Only Serious Buyers Are Out
At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. Sellers need not be bothered by and inconvenienced by mere ‘lookers.’
There Is Far Less Competition
Housing supply shrinks at this time of year making the choices for buyers more limited. Unlike the spring market, there is less competition for the many buyers looking for a new home in North Texas.
From homestead exemptions to mortgage interest deductions, selling can make sound financial sense for many homeowners. Briggs Freeman Sotheby’s International Realty agents are knowledgeable financial advisors for those considering the best time to make a move.
The Process Will Be Quicker
The slower market means that banks are not inundated with purchase and refinancing loan requests—cutting timelines and frustration levels for buyers and sellers.
Relocation Buyers are Looking
Businesses are moving to North Texas, and newcomers are getting a head start on identifying preferred neighborhoods, schools and homes. As a preferred relocation provider for Toyota, State Farm, Mary Kay and others, agents with Briggs Freeman Sotheby’s International Realty bring buyers to great listings across the Metroplex.
Learn more about living in Fort Worth’s neighborhoods. Visit the Best Neighborhoods Site in DFW.
For more luxury homes throughout North Texas, see briggsfreeman.com. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with offices in Dallas, Fort Worth, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.