When the Senior Vice president for your region is upbeat, more so than you have seen him in five years it is usually an indication that the housing market is pretty positive.
For years we have been warning buyers to act now as interest rates are going to rise and all the indications have been there that this was true. But, for various reasons it has not materialized and we are still in a position when interest rates are extremely low, so much so that people think this is the new normal.
So for buyers today things look very positive for purchasing a home, mortgages are available, down payments are reasonable and the only issue is lack of inventory at certain price points.
Yesterday, I got time with Ron Clarke, our Senior VP for the PA/NJ/DE Region of Long & Foster Real Estate and asked him to give his opinion of the market from a buyers prospective.
Interested in buying a Main Line or Tredyffrin Easttown home, contact Nick Vandekar, Selling The Main Line with Long & Foster Real Estate, Inc. office 610-225-7400, cell or text 610-203-4543, Nick@VandekarTeam.com, www.SellingTheMainLine.com. I look forward to starting a conversation with you.
If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you, contact us or connect
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