It’s a Great Time to Buy!
If you’re planning to buy a house right now, the next few months may be the best time. Waiting for both housing prices and interest rates to fall may not be a good strategy for potential homebuyers since analysts don’t expect any significant declines in these two most important home-buying factors. These real estate trends suggest that Buyers should get into the housing market sooner than later.
1. Lowest Housing Prices in Years
2. Interest Rates at a 50-Year Low
3. Interest Rates Expected to Go Up
4. Adjustable Rate Mortgages at Record Lows
5. Low Down Payment Mortgages Available
6. Easy to Qualify, Easy to Borrow
7. Lenders Offer No-Fee Mortgages
8. Home Builders are Eager to Sell, Offer Incentives
9. Motivated Home Owners are Ready to Sell
The Bottom Line
With a convergence of the factors above, all of which are favorable to the prospective home buyer, there may not be a better time to buy than right now. It’s a buyer’s market, but like everything else in life, the bargain deals won’t last.
If you or someone you know is thinking about buying and would like to explore your options, please feel free to contact me. I’m more than happy to help you and your friends & associates.
Larry Miller
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