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Real Estate NewsletterPublished October 6, 2025
August 2023 Real Estate News
{original post 8/30/2023}Hello! Thanks for tuning in to this month’s newsletter. It’s our goal to bring valuable real estate content and local updates to you, so we hope you enjoy it!    In this e-newsletter, we will share a recap of our endof summer real estate update that just went out, a couple of client success stories, and some awesome coming soon listings hitting the market in a few weeks. The Schwaegerle Team strives to educate and empower all people on the ins and outs of real estate, so thank you for tuning in and following the team on social media! |
| End of Summer Real Estate Update Buy now and wait! "I'm going to wait to buy until rates come down!” That’s the most common expression we are hearing these days. Let us be the first to tell you that unfortunately, that might not be the best case. This logic appears to make sense on a surface level. If I wait till rates go down, I can afford to buy a bigger house and buy what I want. Yet, the cost of inaction is greater than you realize. Let's see the breakdown of how the cost of waiting to purchase can add up. Let’s say you want to wait to purchase until rates drop from 6.875% to 5.875%. This could be 6-12 months from now, and even then, no one knows for certain when rates will actually decline. On the purchase of a $732,500 home with a 10% down payment, your payment would drop $431.109/mo by waiting. This adds up to a savings of ~$3,300 in 6 months or ~$6,900 in 12 months. However, if you factor in the loss of appreciation and loan pay down during that time, it equates to lost equity of $19,000 for 6 months and $36,000 for 12 months. Even after factoring in the savings on the monthly payment, waiting to buy until rates drop is a financial loss of $15,000-31,000. Yikes! Make no mistake, we know buying real estate is expensive right now. However, when you take a bird’s eye view and see the bigger picture, you will find that not owning a home is costing you a lot more than renting is saving you. Though prices may feel high now, 30 years from now, we'll all look back and say we can’t believe how cheap homes were back in the 2020s. If you are concerned with the market, rates, or prices, please, please talk to us. We are always available to connect.  It’s time to love where you live. Truly love where you live. Fortunately for you, we are still in a strong seller’s market given that inventory is incredibly low (even lower than the last few years). Right now, homes in general are still selling for above the asking price. It’s an excellent time to sell. We offer free market valuations and are always looking for win-win deals for our clients. We've been able to help several families sell their homes contingent upon them finding a suitable replacement property and even negotiated a short term rent back (sometimes for free) to give our clients time to move into their new homes we help them find. If you'd like to make a move like this, let us know so we can get together for a free moving consultation. Who do you know looking to move this year? We are The Schwaegerle Real Estate Team. We are honest, creative, loyal, and proactive. Those are our core values. As a trusted real estate team, we have had the privilege of helping over 170 families in the past six years achieve their real estate dreams. We are so thankful for the trust our clients have put in us, and we are always available to help provide guidance and expertise on anything related to real estate. Who do you know who is considering moving this year? Maybe someone at work is considering moving in the next 90 days? We understand it might not seem like the perfect time, but with the perfect team, we can make those dreams become a reality. We would be honored to help your friends and family make a move this year, so thank you for your referrals. At the end of the day, everything falls back upon our mission. Our mission is to connect with individuals to achieve their real estate dreams, experience financial freedom, and love where they live. |
| Client Success Stories We recently got one of our client’s offers accepted when we weren’t the highest offer. We simply had better terms, and we presented our client’s offer more professionally, which helped the seller select our client’s offer. We also got a home under contract for a client with a 2% closing cost credit on the front end to do a rate buy down which is going to save our client around $300/mo on their monthly payment! We signed 3 new listings this month, so stay tuned for those beautiful homes hitting the market in the next few weeks! |
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