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: 580 About Jami: Jami Asanovich is an accomplished and dedicated Realtor with more than 13 years of professional real...
Globe-Miami is known for our historic buildings, walkable downtowns, p
"I have known Josh Asanovich and the Team at Smart Concept Realty for over 10 years and when it came time to sell my house I did not have to think twice who I would have be in charged of representing my interests. Josh has got to be the most knowledgeable real estate person in the Arizona market. I found working with him a joy and felt like he was there to help me during every step of the processes. He emanates a sense of trust-worthiness that makes you feel very secure during what is without a doubt a very involved process. Josh and his Team at Smart Concept Realty are true professional's in every sense of the word, and puts their clients interests far above their own. I would be very happy to give Josh and Smart Concept Realty my highest recommendation for anyone desiring to sell their property or buy one. Their in depth "know how" and the numerous professional and personal contacts in the business made the entire transaction flawless from beginning to end."