What to do when you don't know what to do.

There tons of voices that may be influencing you with the wide variety of opinions in the news, social media, from family members and even different Realtors that have spent time gazing into their crystal balls.  

 

In looking at historical statistics and predicting what could possibly happen according to industry experts, it may be leaving you wandering what you should do so that you don't make a decision you might not be so happy with once you close escrow.

 

Let's roll our sleeves up for a minute.  

Why do you need to make a move?  Would it improve your situation?  Would it be a good investment for the short or long term?  Is it required?  Would it help you feel safe/happy/financially in a better spot/provide a need that currently isn't filled....?

 

Finding your "why" is pretty critical in making a decision.  WHY is your "why" critical?

This will help you determine how quickly you'll want to make a decision, then set a time frame for when you'd like this real estate transaction to take place.

If you are worried about where the interest rates are at today, is it worth taking the risk in waiting to see if they come down and possibly pay more for the home?  Is it work taking the risk of waiting and the rates possibly coming up?  We can connect you with a Lender that will help you look at a sheet that can show you the potential Cost of Waiting to help you decide when to put in your offer.  It is sometimes decided that the price of the home today is affordable and the rate is ok, but knowing there is an option to refinance to a better rate later, or put more money down to purchase a better rate can help people feel more confident in moving forward.

 

Here's the bottom line.  When you feel stuck in the decision making process and are not sure what to do...talk to your trusted Realtor.  They should have your best interest at heart and will have conversations with you about where the market is at, what is affecting prices and rates.  This can help you feel more confident in making a decision to move forward or to wait, once you can talk things out with a professional.  

 

There is no crystal ball that lets us know what is going to happen next week in the changes in real estate inventory, or what the interest rates will do.  But, knowing "why" you are looking to make a move can help motivate you towards coming to the answer you're looking for most of the time.

 

When unsure, just reach out.  We are happy to help educate our community on what options are available and listen to your needs & goals to put an action plan together with you.