Refinancing window opens
Buyers have more leverage, not complete control
Higher interest rates, affordability pressures and economic uncertainty have reduced demand in many areas.
At the same time, prices have generally held up well.
That means buyers may have more opportunities than they did a year ago, but they're not necessarily finding bargains.
Five ways to approach today's market
Get pre-approved before you start searching.
Focus on value rather than trying to pick the market bottom.
Compare multiple suburbs, not just one location.
Be prepared to negotiate.
Keep some flexibility in your budget.
Markets often change gradually, not suddenly.
If you're considering buying, I can help you understand your borrowing capacity and position yourself to act when the right opportunity appears.
