It’s the hottest time of the year to buy and sell. Don’t miss the mark!

The PROs and OH NOs of Buying or Selling in the Summer

Dive on in with Mark!
More daylight = more time to house-hunt! When the days are longer, it’s much easier for parents and 9-5 worker bees to look at homes in the evening. If you’re selling, try to be flexible with your open house hours. If you’re buying, rejoice in the extra house-hunting time!

The forecast is sunny and bright.
30-year mortgage rates are expected to hover around 3% for the rest of 2021 — unless inflation gets too hot and makes the Federal Reserve cannonball into the deep end to cool off the market! Inflation aside, now’s the time to take advantage of the low rates, because they’re expected to rise to 4% or higher in the years following. That may not sound like much of a difference, but it could cost you several hundred dollars on your monthly mortgage.

The heat is on!
Properties are appreciating like crazy — 10% nationwide and 20–40% in the Austin area. Buying a home this summer ensures that you not only lock in a historically low interest rate on your mortgage but lock in your equity, as well. The Mark Smith Team is ready to bring their A-Game to help you close quickly, hose down the competition, and save big bucks in the long run!