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How Can You Take Advantage of the Rochester Real Estate Market?
Today I'm going to be providing you with an update on the Rochester
real estate market. I want you to use this information to your
advantage when you're buying or selling, and I urge you to contact me
with any questions you might have regarding this information.
It's tough to say whether we're seeing a buyer's or a seller's market because each home sale really is different,
and I don't like applying blanket terms about our real estate market
because it's constantly shifting depending on where you are and what
you're buying or selling. I will say that if you have a newer home, you
probably have more leeway with sellers right now. Inventory is also
relatively low, but there is a lot of new building going on.
Interest
rates remain at historic lows, which will be motivating buyers to
purchase homes this year. When affordability increases, everyone
benefits. When it's easier for people to buy homes, it's also easier for people to sell them, so low interest rates are having a very positive effect on our market. However, nobody knows how long these low rates will last, so now is the time to enter the market if you've been delaying.
Please contact me in regards to any questions you might have about the Rochester real estate market. I'd be pleased to provide assistance to you!
