A rise in mortgage lending rate would bring a buying spree. A buying spree on an already tight and very low for sale inventory will push up prices if not harden sellers’ positions for the existing listings. Word to the wiser – if you have borrow some and buy, I would do it sooner than later, and get going on this now. No one wants to leave money on the table.
My two-cents worth of advice to my good clients.
Richard Bazinet pllc, MBA, CRS, ABR is a licensed Arizona real estate agent at AZuRE Team @ Realty ONE Group in Scottsdale Arizona. You can reach Richard Bazinet on this website at www.azurerealtyteam.com and directly on his web page at www.richardbazinet.com.