Ep. 6 - Why Buyers Should Consider Buying Now vs. Waiting | Daniel Halvorsen

It’s time for our monthly lending update brought to you by the Bank of England Mortgage! My co-host Daniel Halverson and I have some hot topics to cover: Interest rates, loan rates, sentiment in the market, and much more. Fear, doubt, and uncertainty in the market are definitely working together to put potential buyers on edge, but what’s the reality? You may be surprised to learn that things are not as bad as they seem and, in fact, there are unique opportunities you should be taking advantage of. 

 Dive in and find out why buyers should consider buying now vs. waiting.

 [00:12 - 05:31] Monthly Lending Update: We are entering back into “normal”

 [05:32 - 10:54] “Settling into higher rates.” If buyers take advantage, they’ll be in a better position in the future

 [10:55 - 15:52] Buyers have more negotiating power than they've had since three or four years ago

 [15:53 - 17:14] Buyers and sellers can’t control the market—stay in the present and don’t look to the past

Quotes:

 "Right now, we’re in a different type of setting. We’re in a different type of normality… It’s been nothing but a rise to the top, but right now, we’re kind of settling into ‘normal.’" - Quinton Harris

 “People are saying home prices are falling. Well, home prices are really not falling. There's still, not at this point, from any of the data that we see, any compelling reason to think that home prices are going to fall.” - Daniel Halverson

 “Take a breath… You can’t control interest rates, you can’t control inflation, you can’t control the economy, but you CAN control your thoughts and what you prep for your business.” - Quinton Harris

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