📊 MARKET + GENERAL QUESTIONS (BOTH BUYERS & SELLERS)
1. What’s happening in the housing market right now?
Answer:
The market is mixed:
- Inventory slowly increasing
- Prices stabilizing
- Buyers more cautious
- Luxury market still strong
2. Are home prices going up or down?
Answer:
Prices are:
- Flattening in many areas
- Still rising in desirable markets
3. How do interest rates affect buying power?
Answer:
Higher rates =
- Lower affordability
- Higher monthly payments
- More cautious buyers
4. What costs should I expect besides the purchase price?
Answer:
Buyers often overlook:
- Property taxes
- Insurance
- Closing costs
- Maintenance
These can significantly impact affordability.
5. Is real estate still a good investment?
Answer:
Yes—for long-term wealth building:
- Appreciation
- Equity growth
- Rental income potential
But short-term gains depend on timing and market conditions.