THE IMPACT OF
RISING MORTGAGE
RATES
RATES ARE ON THE RISE
Leonardo and Angelica,
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up over 5%, and rates are forecast to continue to increase in the year ahead. While that news may have you questioning the timing of selling your home, the market has not slowed down!
If you are thinking of selling, now may be the perfect time to act. Listing your home this season means you’ll be in front of serious buyers, which could result in multiple competitive offers.
Rising interest rates may greatly reduce the number of qualified buyers, affecting what your home sells for. However, serious buyers are approaching the rising rates as a motivating factor to buy sooner before rates increase even more.
If you are ready to make a move, call me today at 301.370.6005.
WHAT DOES THIS MEAN FOR YOU? Sellers should act fast. Listing your home now provides an excellent stage to highlight your home and capture the steady buyer demand, especially as competition continues to rise. Let’s make your home stand out from the crowd!
EXCEPTIONAL SERVICES WITH RUSS GELSTON, YOUR MILESTONE REAL ESTATE EXPERT | 301.370.6005
JUST SOLSD BY RUS FOR 101% OF LIST PRICE
WHO YOU WORK WITH MATTERS!
BEAUTIFUL COLONIAL NEARBY When it comes to selling your home in an aggressive market, it’s important to work with a Realtor who knows the neighborhood to deliver the best results. Call me at 301.370.6005.
PREPARED ESPECIALLY FOR LEONARDO AND ANGELICA WASHINGTON
Russ Gelston
REALTOR®, Associate Broker MD & VA Property Manager RE/MAX Realty Group The Wineman Team
301.370.6005
Office Phone: 301.258.7757 WinemanTeam@gmail.com www.RealEstateSold.com www.RussSellsMilestone.com Each Office Independently Owned and Operated.
This postcard is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered. Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022
With interest rates remaining low and home prices increasing at a healthy pace, homes in Milestone are in high demand. Your real estate opportunity is here! If you or someone you know is considering buying or selling, call me today at 301.370.6005.
RE/MAX Realty Group 6 Montgomery Village Ave., Suite 200 Gaithersburg, MD 20879