Click on the link below to read how some experts are predicting the impact of rising mortgage rates on home values. Basically, as rates rise, and they are and probably will continue to during 2017, some buyers will be forced out of the market. With fewer buyers, sellers may see a slowdown in activity when trying to sell their homes. This could have the impact of slowing down appreciation in home values and prices.
Bottom line–if you’re thinking of selling, don’t wait to get your home on the market! Demand, at least in San Antonio, is strong right now, so take advantage of it and get in the game!
Call me for an analysis of your home in today’s market and to get the ball rolling!
Sue Trautner, BHHS PenFed Realty