FAQS – Market & General Questions

📊 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.