It is done for your true real estate nine one one midwek updates with your local real estate pro Lisa True Lisa. Trying to time the housing market, try to time any of the financial markets for that matter, is often a very difficult, if not impossible thing to do well. And one of the calculations has been with interest rates, with mortgage rates, tell us what's going on and tell us what we need to.
Know, Brian, twenty five percent of all potential buyers have said they are waiting for rates to come down in order to buy. There's a really cute saying that came out when rates started to go up, that everybody should marry the house and date the rate. It is a cute saying. However, when you look at the financial analysis of that principle, it financially makes substantial sense.
It's an easy.
Principle to understand because we all remember though craziness of multiple offers. Now we're not anticipating obviously, that frenzy market that COVID costs, but we are anticipating more buyers entering the market when interest rates come down. So if you buy your home today when the prices are lower, because remember prices are still going up and have less competition. You can alsust that interest rate, and the numbers prove that marrying the home, dating the rate always makes sense.
That is great advice. And again when we try to time you know, I take a look at this in the stock market too. Over ninety percent of the time that people try to time the market, they do worse than that they weren't trying to time it. The number in real estate is probably that or more so. Give the truths a call and get it right. Call five six one, ninety seven, eighty three, twenty six, visit True real Estate nine to one one dot com or just google true group that's dru group.