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Friends,
Buyers, your "Buy Low" opportunity may have reached its lowest point. Acquire your desired property before market conditions shift as projected and competition increases in the second half of the year.
Sellers, when thinking about the value of an existing low-interest rate mortgage, be sure to assess the impact of your other debt and projected capital gains. Selling to pay off your debt, minimize capital gains exposure, and take advantage of low buyer competition may be smart tax planning and create compelling financial gains.
Nationally, some regions of the country are experiencing a rapid cooldown from the homebuying boom, while others maintain a steady market.
