Thinking of Buying a House?
Now is a GREAT time to buy! Record low interest rates,
floating around 3.75% – 4% fixed rate, allows any buyer to afford more house now than ever! Plus, with the on-going stream of foreclosed homes being adding to the house selling inventory, home values continue to stay down which means a lot of house at a discounted price….TERRIFIC OPPORTUNITY!!
As soon as summer closes, school starts, and we enter into the Fall Season with holidays right around the corner, the housing market typically begins to cool down and the selling season slows. Homes that did not sell during peak markets of Spring & Summer typically consider significant price adjustments and in many cases, in an effort to avoid sitting vacant during harsh winter elements.
As a result, these slower seasons can mean great housing opportunities for those patient buyers wanting a deal and also willing to move in less than best weather conditions! Look for home prices to come down over the next few months.
For more information, possible lender recommendations or to be added to an automatic email feed of new listings and price reductions, please call or email me!