Spring is in the air! We just set our clocks forward, St. Paddy’s day shenanigans have been had and people are planning their Easter extravaganzas. The other thing springing forward? The Lynden, WA real estate market. With our area being in a seller’s market, it is more important than ever to get serious about buying or selling early this spring.
The term “Seller’s market” is probably something you have heard A LOT of in the past year. What this means is that inventory is low, buyer demand is high and as a result….so are prices. In fact, we usually see a slow down in the market during the winter months, but with so many folks not getting into a house last spring and summer, it kept the Lynden, WA real estate market pretty hot despite all the snow.
Add the pressure of increased mortgage interest rates and Lynden, WA real estate is expected to start earlier compared to years past. So what does this mean for you?
If you are looking to buy a home for sale in Lynden, WA it means you should get started now. Connect with a local Lynden, WA Realtor and start looking. By waiting, you risk dealing with more competition and potentially missing out on a historically low interest rate AND that home for sale in Lynden, WA you have been eyeing.
If you are looking to sell a Lynden, WA home, I would still recommend getting a head start. Start cleaning out your home, making repairs and prepping your home for the market. Chat with your local Lynden, WA realtor about what you need to do as a seller. By putting your home on the market early, you benefit from being seen by buyers who are trying to buy before the competition gets fierce.
If you are planning on buying or selling real estate in Lynden, WA in 2017, give me a call at 360-410-0848.