If you’re in the real estate market, but don’t know if it is the right time to buy or sell, This article will answer all of your questions. The article will explain, how to determine if your market is in good standing or not good standing. The article will also give advise on what to consider when thinking about your long term goal(s) in the real estate market, and inform you about how the real estate market of today, is in comparison with the old ways of the real estate market.
Key Takeaways:
- When you’re thinking about testing the waters with either a home purchase or sale, there’s a lot to consider before you make a decision.
- Get expert advice before you make a jump into or out of a market. Here are some tips to get you started.
- A red-hot real estate market can trick us into thinking that we need to only think about the bottom line.
“When you’re in a frothy market, you’ll typically see double-digit increases in values from one year to the next,” says Bridget Burgess, a client adviser at Seattle-based Laird Norton Wealth Management. “Once you’re seeing that, people walk away with a sense of urgency.”