Offered by Brian Margolis
Did we reach our peak for our local real estate market? Should we make the big move this year or wait? The reason to move now is that interest rates are going to continue to increase, which will decrease the value of your purchasing dollar.
This means that the chances of having double digit growth again for real estate values is going to be a lot more difficult this year. One of the reasons: we have had double digit increases the past three years in a row.
Values will still increase but just not as much as recent years. I am still very bullish on our local real estate market because there are still advantages to both buyers and sellers. Low interest rates, over 50,000 people moving into our great state each year and our strong economy will continue to keep our real estate market strong.
In February, I will have a recap of 2015 numbers once all of the figures are released in January.
The Margolis Team of Keller Williams Preferred Realty has set our goals for 2016. Have you set yours? Writing down your goals increases your chances of actually achieving them. We hope you do and if your goals involve real estate please call your local hometown professionals, The Margolis Team 720-352-0454.
Have a great 2016!
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