When Is Right Time To Buy/Sell Real Estate In Onslow County, N C
Yes, this is the question all Onslow County real estate owners are asking and I am not sure anyone can give you the answer. Why? Because the answer is different for everyone depending on their circumstances. What I can do is give you some information on Onslow County real estate and the market that might help you make the decision.
Houses in Onslow County are holding their value very well even in this market that has been described by the media as "down, slow" or whatever negative adjective they could think of to use. The demand for previously owned homes in Onslow County is still pretty strong. No, not as strong as a year ago but if you want to sell your home in Onslow County, the chances are favorable that you will be able to do so without keeping it on the market for an excesseive length of time. Will it sell for as much as it would have a year ago? Perhaps not, but still the values have not dropped significantly as they have in some areas of the country. The good news is interest rates are still very low compared to what they were only a few years ago and therefore, more people can qualify for more house than they could have a few years ago when interest rates were higher. So if you are thinking about selling your Onslow County, N C home, don't just assume that this is not a good time just because the news media is spouting "bad housing news".
Likewise, if you want to buy a new home in Onslow County, now might be the perfect time for you to act. Sales are slower than they were so there is more inventory out there for you to choose from. Also, since houses are not selling as quickly, sellers are pricing them more competitivly which of course, is good news for those looking to buy a home in Onslow County, N C. Current interest rates are good news for the buyer too. Historically, interest rates are very low and how long they will stay low is a guess and perhaps a gamble if you are looking to buy a home in Onslow County.
In conclusion, if you are looking to buy or sell a home in Onslow County, N C , now is a good time. If you have questions or need more information, we'd love to talk to you. For more information
Main website: www.kingsbridgerealty.com