Thinking about buying your first home, or perhaps upgrading from your current place? Thanks to the current economic climate and game-changing technology in the housing market, now is the perfect time to take the plunge.
Low interest rates Lenders are giving buyers mortgage rates that are extremely enticing—you can get a mortgage below 4.0%. There’s a good chance these are the lowest mortgage rates we’ll see in a long time, which means affordability is at a high.
Prices are on their way up Mortgage rates may be low, but housing prices are getting higher and higher because of demand—prices increased 5.1% year-over-year in November 2015. If you’re thinking about buying, delaying a few years could lead to a higher purchase price, or getting less home for your money.
A great job market The United States added 2.65 million jobs in the last year. There’s increasing job security and available work, leading to high consumer confidence.
Technology makes buying simpler and less expensive Along with listing websites like Zillow and Trulia, there are an increasing number of websites and apps that simplify the process, make it easier to shop around for homes and mortgages, and save you money.
Lower gas and energy prices mean more money in your pocket and more purchasing power. The money you’re not putting into your gas tank or toward your utilities can instead go toward saving for a down payment or affording a bigger monthly mortgage payment.
Author:Marianne Princetta Phone: 864-908-1895 Dated: April 17th 2016 Views: 420 About Marianne: ...
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Some Highlights: When listing your house for sale your
"When I met Gene Donohue, he was only a Buyers Broker, but now over the past few years, he now has become Buyers/ Seller Broker. We will be selling our home soon and Gene will be selling it for us. Looking forward to same performance that we got when Buying a home
I have known Gene for over two years now and even today when I have questions about the market, he always is there to help me understand. I can't say anything other than everything above is Excellent.
Purchase price was right where we needed it to be. Inspection of the home was flawless. When we closed, Gene had put together a full portfolio for us of every transaction from first offer to getting the appraisal. Gene was well prepared for the closing. "