The real estate market is constantly changing, so of course DO YOUR RESEARCH! DO NOT jump the gun on this one! Unbiased advice from family and peers may be kind, but you are the only one who knows what your needs are when it comes to buying a home.
WHAT MADE YOU CONSIDER OWNING A HOME?
Forget finances for a minute and focus on what made you consider even buying a home in the first place!
· Is your family expanding?
· Does your family feel safe?
· Is there a STELLAR school system in the area so your children can get the education they deserve?
· How about that unbearable landlord?
WHICH WAY IS THE REAL ESTATE MARKET GOING?
DON’T SLEEP ON YOUR DECISION TOO LONG! Home prices are on the rise! Not only are they on their way back up, but these increases are happening monthly.
Don’t believe us? According toExisting Homes Sales Report from theNational Association of Realtors (NAR), the average price of homes in May 2017 went up 5.8% from last year.
If you wait until next year to buy, you might be scrapping for change in the cushions to say the least! Not only will it cost you more to buy, but you will also need to increase your down payment to account for the higher price of the home.
WHAT IS THE MORTGAGE FORECAST?
The initial process of purchasing your home may seem easy and quick, but THERE IS MORE TOO IT! The ‘long term cost’ of buying a home WILL haunt you if you buy at the wrong time! Mortgage Bankers Association (MBA), and NAR have projected that mortgage interest rates will DEFINITLEY increase over the next twelve months. The smallest increase in mortgage rates can have a huge impact on a home owner.
If you and your family feel it is the right time to buy a home then GO FOR IT! Consider these points when making the final decision.
Don’t forget, this move is FOR YOU!
Author:Barbara Day Phone: 334-546-6620 Dated: January 25th 2018 Views: 120 About Barbara: ...
View our latest blog posts in your RSS reader. Click here to access.
Cardinal Realty Group, LLC is dedicated to serving the Central Alabama River Region and surrounding areas in residential sales and property management. Our growth from referrals from satisfied clients is a testament of our dedication to excellence.
Our Cardinal Rule is that we are committed to excellence in customer service and communication.
We will optimize integrity, energy, hard work, and creative customer service in every detail of our client's real estate transactions. We want our clients to know and feel as though they are important to us and we care about them and understand their needs and how to help them. We are honest and have ethical business practices. Our response time to our clients and customers set us apart from others. We are quick to respond to our client's and customer's questions, needs, and concerns.
Not only do we gain happy clients through our transactions, we also gain and build lasting relationships!
The Top Landscaping Trends for 2018 DAILY REAL ESTATE NEWS | WEDNESDA
"Sarah never gave up. We viewed ten homes before my husband and I were completely happy. She made the process so easy with no worries on our end. From beginning to the end she was there. And still is now if we need her.