The market conditions make a big difference when you are planning to buy or sell a home. The best solution at one time may not be the best at another. In the current market conditions, it is better to buy a home than sell because of the reasonable prices and low interest rates.
Buying is still beating home sales because the market conditions are still relatively low and it is possible to lock in a low interest rate, which makes a payment plan easier to handle.
The downside for selling a home in California is that the profits are limited. The real estate market is still in recovery, which means that you may have paid more for your home than you will get when you sell. Although the market is currently in favor of buyers, it can turn around at any time, so sellers may benefit from waiting for a little time.
The real estate market can seem complicated when you are planning to buy or sell a house. The key is waiting for the right timing and getting the best deals available for your goals and needs. To learn more about the market conditions in California, contact Brighton Escrow.