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Reading the Relevant Factors

Reading the Relevant Factors

The more the economic experts ‘ views varied, the more we need to do our own homework when making future real estate decisions. This is particularly true when the economy of the nation has varying degrees of optimism and pessimism. To measure property health and viability, many homeowners use interest rates. But the national economic outlook isn’t the only relevant factor in your area’s property market health.

Educated real estate investors look to local factors that impact their investment beyond the macroeconomic outlook. Stability of local employment and consumer expenditure, for example, has a direct impact on homes and condominium supply and demand and consequently, their prices. New housing developments within the local market also affect supply, thus creating “markets for buyers.”

When you assess the value of your investment or try to predict a potential purchase’s future value, be sure to understand both your national economic environment and your local community’s specific factors.

If you are in need of advice on regarding your house’s market value we know somebody who can help! Please call us at 401-396-2888.

Need an accurate home evaluation?

YOUR AGENT

Kamil Sarji - Real Estate Agent

 

Kamil Sarji

Real Estate Agent

Licensed in Rhode Island, Massachusetts, and Connecticut

Phone: (401) 396-2888

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If You're Selling: I know how to present and showcase your house effectively, promote and market it so that it attracts qualified buyers and get SOLD for the highest price possible.

If You're Buying: We start with really learning about your needs and what you're looking to achieve in your new home. Knowing this will help me find and show you the best homes that meet your criteria.

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