Daily Archives: February 10, 2023

Mortgage rates are currently low, making it an ideal time for potential buyers to enter the housing market. However, with competition on the rise and inventory expected to increase over the next few months, it's important to act fast. A well-priced, move-in ready home is the most attractive to buyers and could result in bidding wars. On the other hand, sellers can benefit from the current housing market strength, as the pool of buyers may be larger than anticipated. With prices still higher than last year and increasing competition, sellers can receive a good value for their home. Whether buying or selling, Redfin offers a range of services and resources to help individuals achieve their real estate goals.