If its a Seller's Market in Springfield MO why is it a good time to buy a home? I'm sure you have heard that we are in a hot market in Springfield, Ozark, Nixa and surrounding areas of SW Missouri. The supply of available homes is down to 3.7 months. Many of our listings are selling in days, not weeks. So what if you are a buyer instead of a seller?
The good news is... wait for it... mortgage interest rates are down to amazing levels! This week the rate for 30 year loan is down to 3.5% which makes payments affordable for most folks! USDA loans are available with zero down! USDA loans are available in many of the areas around Springfield. The other good news is there are still great homes coming on the market, you just need to be ready to make an offer soon after they are listed so you can buy them before someone else does.
Strategies to find and buy your home: make a list of your important home criteria and be prepared to compromise on the small stuff, get a preapproval for a loan so you are ready to pull the trigger, be ready to look sooner rather than later, and let us set you up to receive new listings that meet your criteria as soon as they hit the market. There's nothing more frustrating than finding a great home and then someone else buys it out from under you. We can work together to help you find a great home and make an offer before its gone.
Homes are selling fast in the Ozarks but we can still help you find a property just for you! If you are thinking about buying or selling a home give us a call or text today!
About The Authors: Betty Knowles is a full-time REALTOR® with Southwest Missouri Realty in Springfield, MO She also served as President of Women’s Council Of REALTORS® in Southwest Missouri. Betty’s genuine passion is helping people buy and sell homes in Springfield, Ozark, Nixa, and surrounding communities.
John Knowles is likewise a REALTOR® with Southwest Missouri Realty and a member of the Greater Springfield Board of REALTORS®. John is also a FAA part 107 certified drone pilot to get those amazing shots and videos of our properties!
Together this dynamic team makes up TeamKnowles REALTORS®, Spouses Selling Houses! They are dedicated to doing what it takes to sell your home in the greater Springfield real estate market, or help you purchase a home that fits your particular needs. Give TeamKnowles a call today; you’ll be glad you did!
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