Written by Wena Roeloffze, REALTOR and Lifestyle Expert. Owner of Realty Club 74, brokered by Coldwell Banker Realty.

Real estate is far less complex than what the media makes it look like. Interest rates are always in flux, and will always be in flux. Real estate will almost always appreciate in value and provide you with wealth. There is in my opinion, never a bad time to purchase real estate. There is however bad ways to go about it. And this is why we are here to guide you through the endless maize of confusion and false news.

You might have seen this from social media: “In 1971, the interest rate for a mortgage was 7.33%. If you waited for interest rates to go down, you wouldn’t have purchased a home until 1993. You would have rented for 22 years waiting for rates to go down, meanwhile the value of real estate quadrupled. Marry the house, date the rate.”

That statement is so true. Many home buyers and home sellers are waiting for the rates to lower, but we want you to consider the following idea. The inventory is low, less buyers in the market to compete with and sellers had to drop the exuberant listing prices. Purchasing at 7.5% with the ability to re-finance for free for the next 5 years, not having to compete with any other offers and not overpaying for homes. Doesn’t those 3 things sound amazing?

Here’s what happened in 2022: multiple offers on properties you had to compete with, overbidding between the range of $40,000-$80,000 (which is hard, if not impossible to recoup) and waiving important contingencies (which should not have taken place). Comparing that scenario with the current, which is better? You bet! The first scenario of course.

We still hear a lot of questions on a possible market crash in real estate. We would love to give you an accurate opinion, but since nothing in life can be predicted, we would rather give you transparent, honest and factual feedback when we know more about your goals, your financial strategy and home requirements.

We wrote a guide on how to purchase your dream home in any market, and we highly recommend that you download this free guide. It consists of 10 simple steps to follow to ensure that your home buying journey is a great experience. You can get your free copy by subscribing below.

Preparation and planning is a crucial step in owning real estate. We have worked with buyers who started a 1 year plan up until their purchase and we also worked with buyers who urgently needed to purchase within weeks. With our proven strategies, professional lenders and efficient home inspectors, we are the best partners for you.

In making sure that we collaborate and work with industry specialists, we ensure that you get the best advice, service and the home of your dreams, whether it is your first home, your move-up, your downsize or your investment. It’s more than just buying property with us. It’s about establishing great relationships that will last a lifetime.

If area, county or state is what you are worried about, see our blog about the different neighborhoods to give you more information about an area. We are also offering area orientation tours that are specifically tailored to your requirements and include driving through neighborhoods, seeing some homes, experiencing local dining and a list of activity hubs you are interested in. We have experience in corporate relocation, summer lake homes and unique properties in the wider Milwaukee area, ranging from single homes to condominiums, suburbs to city and traditional to modern.

Your home buying journey starts here with us and we are happy that you are here. Click the subscribe button to receive your free download, and let’s meet up and work together!