Courtesy of Mosaic Real Estate Team

While our real estate market generally sees a bit of a slowdown this time of year, many areas and price points remain incredibly active. Price continues to be critical, as sentiment for homes priced at the ceiling of their value are remaining on the market, creating more price reductions than we have seen in recent years. Buyers have adjusted to current interest rates, resulting in more folks getting into the market, especially first-time buyers excited about recent lower financing costs. Moving rates have also allowed sellers waiting on the sidelines to get into the market, resulting in more homes for sale, making it the perfect opportunity to plan for success.

To succeed in this ever-evolving market, it’s crucial to develop a plan well in advance. By leveraging the seasonal nature of our local market for preparation, you can position yourself to maximize your returns when the time is right. Whether buying or selling, there are things you can do now to improve your position for the future.

Navigating the real estate market can be filled with anxiety and uncertainty. Being proactive with your approach in advance of your desired timeline will greatly increase your success. Working with a knowledgeable agent who understands the local market and seasonal shifts to help guide you through the planning process is essential. Take this time to assess your goals, meet with a real estate professional, and create a roadmap that will help you capitalize on opportunities as they arise. Whether buying or selling, start preparing now to strengthen your position for the future.

If you have questions, contact Mosaic Real Estate Team at Keller Williams Realty, 5500 Main Street in Williamsville, 716-616-0008 or info@mosaicteamwny.com