top of page

Should You Worry About Market Fluctuations?

  • Writer: maggieward
    maggieward
  • Mar 15, 2020
  • 2 min read

You turn on the television and watch a news story about housing prices going down. Then you read an article about the housing market on the upswing again.



It’s a little like being on a roller-coaster ride!

Unfortunately, the ride isn’t much fun if you’re thinking of buying or selling a home. In fact, it can be very confusing and frustrating. You just don’t know if “now” is the right time to make a move. In reality, the housing market has been fluctuating for decades. Yet, people sell their homes every day for good prices, and just as many people get into their next dream home affordably. When you hear news of market fluctuations, there are two important things to consider. First, a lot of media information about the housing market is national, or at least regional. If the housing market is trending up or down nationally, remember that it doesn’t necessarily mean that your LOCAL market is doing the same. In fact, it’s entirely possible for housing prices to be rising in your neighborhood, while they are falling nationally, and vice versa. Second, if you’re selling your current property while buying another home, then the net effect of market fluctuations may cancel out. Say, for example, that the local market is on the upswing. You’ll probably be able to sell your current home for a good price. However, the home you purchase will likely also be priced to reflect the upswing. The same holds true when the market is down. All that being said, there are some circumstances in which you need to consider market fluctuations when deciding whether or not to make a move. Call today for more information.

Recent Posts

See All
Thinking of Selling?

Eventually, just about all homeowners get to the point where they think about moving. Some want to upsize, some want to downsize, while...

 
 
 

Comentários


Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Maggie Ward, Realtor

Broker, SRES

DRE #01016282

Maggie Ward Realty

1008 W Ave M14, Ste F3

Palmdale, CA 93551

MaggieWardRealtor@gmail.com

661-209-1776 (c)

661-362-0199 (f)

  • White Facebook Icon
  • Twitter Clean
  • YouTube - White Circle
equal-housing-opportunity-logo-1200w.jpg
SRES logo.jpg
CHS HAFA.png
CSSA.png

© 2022 by Maggie Ward Realty. Proudly created with Wix.com

bottom of page