Interest rates are low: Low interest rates mean more buyers are able to purchase your home.
When interest rates are lower, people are more likely to buy homes because it will cost them less to borrow money than when interest rates are higher.
Higher interest rates translate into a higher cost for the borrower which then results in fewer homes being sold because fewer people will be able to afford mortgages.
If you’re think of listing your home, or buying this year, contact an experienced Dickson agent. Our agents have the training and expertise to make your transaction as smooth and problem free as possible.
Additional Resources:
- Market Conditions
- Selling Your Home
- What’s My Home Worth?
- Short Sale Resources
- Bank Owned Resources
- Additional Resources
