As we head toward the end of the year, I first wanted to say thanks. We are so close to hitting our yearly goal of 120 transactions, and it’s all thanks to you. Even if we don't quite get to 120, we are going to be pretty darn close. We are honored that you have trusted us with your business, whether you have closed transactions with us this year or sent a referral our way.
Before the year is over, however, I want to quickly share three things with you to keep an eye on as we head into the new year:
1. Interest rates are on the rise. Historically, they are still low. Early in my career, I saw rates in the 13% to 15% range. To have rates right now in the 4% range is still fantastic news for home buyers. However, rates are only expected to go up from here. If you’ve been thinking about buying, now may be the time to get off the fence and lock in a low rate. The more rates increase, the more your affordability goes down.
2. The shortage of inventory in Vero Beach is staggering. If a home is priced well when it’s listed, it will sell quickly in our market. As we approach the spring, we will start seeing more competition for homes. By selling now, you can avoid that competition and still get top dollar for your home.
3. The weather. We are enjoying some fabulous weather here right now. Today’s temperature was 73, and it was sunny and beautiful. If you’re somewhere cold and snowy, come down to Vero Beach and see what living here in the winter is like. We would love to share with you why we love this place and everything it has to offer you.
I hope you and your family have a merry Christmas.That being said, I also want to wish you and your family a merry Christmas and a very happy New Year. May you be blessed with good tidings in 2017. If you have any questions for me in the meantime, don’t hesitate to give me a call or send me an email. I would love to hear from you!