We’re Excited for What’s to Come in 2017

Los Angeles + Orange County Real Estate Podcast with Alfie McFadden

We had such a great year in 2016 thanks to you. Here are a few reasons we expect 2017 to be even better.

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Happy New Year! First of all, I want to thank everyone for their support in 2016. We couldn’t have had such a great year without you. Thank you for allowing us to help you, your friends, and your family. Thank you for helping us grow. We look forward to helping you in 2017. Now, what can you expect to see in the next year in our real estate market?

First, let’s talk about interest rates. We’ve seen them go up almost a full percentage point since the election. We anticipate a few more increases throughout the year. However, there is some good news here.

We have started the year off with an incredibly low level of inventory. This is a sign that we are going to have a very healthy market in the first half of this year. Buyers are going to be anxious to take advantage of interest rates at their current level before they go up even higher. Buyers on the fence who have been debating whether to buy a home or not are going to get off that fence. If they wait any longer, they will be priced out of the market and they won’t be able to afford the same type of home they can right now. This is going to be really good for our market.

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We are starting the year with incredibly low inventory.

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If you’re thinking about making a move to a bigger home, downsizing to a smaller one, or looking for an investment property, let’s talk. If you have any questions at all, don’t hesitate to give me a call or send me an email. Have a great week, a great month, and let’s all have a good year.