Many buyers are uncertain as to if now is the time to Buy.
Sellers want the prices to go up before they sell.
Recent events are pushing interest rate higher. The bond market prices have trended down in the last week or so and without another infusion of cash into the system by the Federal government the charts show interest rate are trending above 5%.
What does that mean for buyers and sellers. Well the amount a buyer can pay for a home goes down when the interest rates go up and sellers well see downward pricing pressure as the rates go up.
Don't wait for 4%, contact your Real Estate Professional today!
David A. Timm, GRI
Broker Associate
Keller Williams Realty of Northern Colorado
Cell: 970 631 3226
www.DavidTimmHomes.com
Search For properties in Fort Collins and Northern Colorado
Specializing in residential, Relocation and investment property services in Fort Collins and Northern Colorado.
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