Are you considering a move up home between $400,000-$700,000 in the Indianapolis or surrounding areas? Now may be the perfect time for you. Houses in this range are sitting on the market for a little longer than the last couple years.
Do you own a home or a condo with a market value of $300,000-$450,000 and are ready for your step up house, the market is very competitive and fast paced in this price range.
If this is you, now is the time and we should talk!
If you are a $700,000 seller and are ready to buy an over $1M home, it is not a bad time but you have to be smart.
For a long time we have been able to “shoot from the hip” with listing pricing and marketing but the market would correct it so agents didn’t care. We are not in that market any more.
To be smart you need to work with a knowledgeable real estate professional to develop a great plan and understand where the market is for your home. It is imperative that you prepare the house and price it appropriately and a professional can guide you.
This is a great time to be in real estate! Although interest rates seem like they are high, they are high but only compared to the last 10 years when they have been historically low.
Wondering if interest rates will go down? Or get higher? I like to say “Marry the house but date the rate!”
If you need more space and love the house, marry it and do so with affordability at the current rate because if rates go higher, you will be super grateful you did it! If rates go lower, then you will refinance and take advantage of the rate but you will have the house you wanted at an even better rate and possibly at a lower purchase price.
Are you interested in knowing the “market value” of your house in today’s market? Call me and my team and I will guide you to a smart decision.