Many homeowners have delayed a move-up purchase due to rising interest rates in 2023. In 2024, with rates projected to decline and the higher-end market still soft, this may be a good opportunity to consider a move-up purchase. Kate Fadden is a top-producing broker at JLS Bellingham, and she speaks with Paul Balzotti about the process of move-up buying and some creative ways to make it happen.
00:50 What is move-up buying and what does that look like.
04:18 Snoop Dogg almost buying in Bellingham.
5:55 Real Estate stats that benefit a move-up purchase.
08:25 Timing the market and interest rates.
11:00 The costs of waiting.
14:44 Realtor cliches about it always being a good time to buy.
20:20 Consolidating debt when doing a move-up purchase.
You can reach Kate at [email protected].