The beginning of fall is now just a few days away, incredibly, and with it comes the promise of yet another busy season for home buyers and sellers.
Low mortgage rates continue to inform the market. They have risen slightly very recently, but are still at amazingly tempting levels for buyers, who will enter the fall with tremendous enthusiasm to lock in a low rate while it is still available to them.
The recent fall in Federal Reserve interest rates has provided a further market stimulus and there seems every reason to expect the strong Prescott area market to sustain as we head towards the end of 2019.
Looking into next year, however, we also see some compelling reasons why buying and selling at the moment is so attractive. You will hardly need reminding that 2020 is an election year, which can create uncertainties, plus there are still some concerns as to how the economy is going to sustain.
Crystal ball gazing is never anything more than guesswork, however the advantage of acting now is that we have a pretty perfect storm of circumstances that are simply not guaranteed to continue.
You also might want to consider that your home will show really well in the coming weeks using fall decor. It creates a uniquely warm and welcoming atmosphere.
Why not contact us at The Hyland/Schneider Team at 928-445-2100 for an informal discussion concerning your very best options as the days get shorter.