3 Reasons Now Might be the Right Time to Buy!
Let's face it, I'm a REALTOR ® so I always think it's a great time to buy. But really, NOW might be the right time for you. Let's talk about why... 1. Interest Rates are still super low! Interest Rates are very low & that gives the buyer several benefits! Rates right now are still coming in at or below the 3% mark, that's 1.5% or more lower than some I saw just a year ago! That's is HUGE! Not only does a lower interest rate save the buyer some money each month, but it saves them a far larger amount over years. Even if you don't plan on staying in the house for the full 30 years; a savings in interest rate of just .25% can save you almost $2,000 on a $200,000 loan in just about 5 years! Imagine how much you could save if you owned the property longer! 2. Time of year. If you start your home search process right now it might seem inconvenient with the holidays but there are MANY benefits (which is why this category gets weighted twice). First for the act