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! For a free home search tool CLICK HERE.
Author:Jami Asanovich Phone: 480-518-0285 Dated: September 14th 2017 Views: 577 About Jami: Jami Asanovich is an accomplished and dedicated Realtor with more than 13 years of professional real...
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"Jami is the realtor you want if you are hunting for a house. Period.
We were looking to move to Phoenix from Las Vegas and knew, in general, where we wanted to live based on travel time to work. But that left us with a few cities and schools to research in order to narrow down the search window. Jami provided so much information that was useful in getting the task done in quick order. Once we knew where to look, Jami provided listings regularly that matched our criteria. If we saw something we liked, she was willing to go and look at it and be our eyes while we were still in Vegas.
Jami was more than a realtor, she was a friend in the process. Her husband, Josh, was extremely helpful as well. We had lots of questions and they had the answers. Jami and Josh are more than realtors, they are a team who cares and will find your next house and do all they can to help you make it your home.
Save yourself the trouble of looking for right realtor and call Jami. She's the right one!