Navigating Todays Economic Uncertainty
Navigating Today’s Economic Uncertainty
Currently there are a lot of economic situations happening globally right now. As of the writing of this blog, all three major stock market indexes are coming off of a week in the red and are on pace for their worst month since 2022. Take a step back though and look at what has happened in the market since 2022. The argument could also be made for what happened in 2020 with COVID. There was significant market panic amid a global shutdown. What is going to happen with tariffs, trade deficits, the strength of the dollar, oil prices, etc., no one really knows.
Housing Inventory and Opportunities in Today’s Market
Right now, we are still experiencing a shortage of inventory for housing. There appears to be a growing amount of pent-up demand with many waiting for the right time, or the right circumstances. If you are on the fence, I would encourage you to reach out to us, so we can give you some professional guidance on this.
There are deals and opportunities abound right now, and there are some sellers with a great home who have the COVID market in mind where they think their house should sell in hours or days, not weeks or months, which honestly is much more common when it comes to the sale of residential real estate. There are opportunities when working with professionals such as us that we can guide you on how to make a great winning offer.
How We Customize Your Real Estate Strategy
We work with such a wide range of clients and incomes, that we have the experience and knowledge to tailor an approach that is customized for you and your situation. What leverage do we have in this market? Well, it depends a lot on your situation and that is where we would work together very closely to make you successful in your real estate investment.
We work closely with several great lenders and can run a number of scenarios to see what makes the most sense. Should we ask for a concession to cover closing costs or a rate buy down? We spend a significant amount of time researching properties to give YOU the best guidance possible.
Lock in Your Cost of Living — and Build Wealth
I will close with this: if you are thinking of renting, we may be able to find you an incredible home where you can see a direct return on your housing expense versus renting. We have many clients who bought within the last five years that have seen huge equity increases in their properties, all while having locked in their cost of living.
Rents have been trending upwards in Northern Colorado, and there does not appear to be any slow down in sight for that. Why not take advantage of locking in your cost of living, all while gaining the value of equity. Give us a call, and let’s begin to build wealth in something you can live in!
Written by Brandon Barnes with the Weinland Team at RE/MAX Alliance
Phone: (303) 552-6780
Email: Brandon@TheWeinlandTeam.com
Written by fortcollinsexperience
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