Yes, interest rates are climbing. As a buyer you might want to think about doing something sooner rather than later in order to keep your monthly payments manageable. On the flip side, as a seller, it doesn’t sound like you need to worry about higher rates impacting your value.
In our market – Basking Ridge – values tend to stay strong. We currently have a bit of an inventory shortage, but it still seems that buyers are in control. Right pricing is more important than ever.
How does this apply to YOU? I’m not sure, be we can certainly talk about it! Call me.