Take advantage of lower prices before the Fed reduces borrowing costs

As a small business owner, you understand the importance of timing. Especially when making strategic decisions. The high-interest environment has created a unique moment in commercial real estate. One that you should not overlook because of timing.

Here’s why. When interest levels are high, borrowing costs rise. This can temporarily dampen demand for real estate. As a result, asking prices for commercial office condos like ours are more attractive. This means you can secure premium office space at a lower price today.

But, "Traders are now 100% certain the Federal Reserve will cut [current levels] by September." This reported by CNBC on July 16th.

Lower interest will reduce financing costs. That will also lead to a surge in demand for real estate. As more buyers enter the market, competition will drive up property prices.

Waiting until an actual drop before buying an office condo may save on borrowing costs. But it will likely result in higher purchase prices, negating any potential savings. You can still enjoy the best of both worlds. By buying now, you can take advantage of current, lower asking prices. Then, when borrowing costs come down, refinance into a lower interest loan. Email me for a list of lenders that provide flexible or no prepayment penalties.