If you’ve been thinking of selling your home or buying a new one, now is a great time. What are you waiting for? Here are a few sweet morsels of information about the current market.

1.  The Unexpected Benefit of Rising Interest Rates for Buyers

Rising interest rates are predicted to ease home price increases

2.  Sales Activity will Increase

National sales activity is forecasted to reach 473,100 units in 2015.

3.  Home Construction May Slow Down

Predicted that while home construction may slow down, homebuilders will begin to focus on selling the homes they’ve built. There will be between 163,000 and 203,200 homes to be built in 2015.

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3 Reasons to Learn More About the Local Real Estate Market

You want to know how much your home is worth.

While home improvements can increase the value of your home, it’s ultimately the local market that dictates how much it’s worth.

You’re thinking of selling.

The market is constantly changing. An accurate picture of the current market can help you assess whether this is an ideal time for you to sell your home.

You’re thinking of buying.

Statistics about the local market and how much homes are selling for in your desired neighborhood can give you an idea of how much you’ll spend to live in the home of your dreams.

Feel free to call Tanvir Khera to learn more about your local market, to receive a free estimate of your home’s value and for any real estate questions you may have.

Tanvir Khera

Website:  www.tanvirkhera.remax.ca

Facebook: https://www.facebook.com/tanvirkheraproperties

Twitter: @TanvirKhera