Is now a good time to buy?

With interest remaining at historic lows, many are asking if now is a good time to buy? Rather you are looking to purchase a retirement, primary or investment property, today’s interest rates mean it’s less expensive to borrow money. Property values here in the Lowcountry remain solid as we have been seeing strong activity in recent months.

Pending sales over the last two months have been off the charts. The Lowcountry is benefiting from historically low interest rates and urban residents choosing to move to our suburban towns. The buyer demand is expected to continue, yet the supply of inventory is limited to meet this demand. With our pending sales up, we are optimistic that the second half of 2020 will tell a very positive real estate story for the Lowcountry. For more information click on the link below for our 2020 Mid-Year Market Report!

Leave a Reply

Your email address will not be published.