Just as it takes time and consideration to list your home; it takes equal amounts of time and consideration to purchase a home. Rightly so! This is where you wish to “hang your hat”— and hopefully for a long time.
However, it is easy for us to dilly-dally when merely thinking about purchasing real estate. There’s a number of factors that play into this hesitance. Pricing, neighborhoods, children, careers, etc. We understand these thoughts racing through your brain.
But if you’re already thinking of buying, now is the time!
According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 5.2% over the next 12 months.” And don’t believe the myth that home values will fall due to this rise. History has shown us that it is not an inverse relationship. Freddie Mac also said, “In the current housing market, the driving force behind the increase in prices is a low supply of both new and existing homes combined with historically low rates. As mortgage rates increase, the demand for home purchases will likely remain strong relative to the constrained supply and continue to put upward pressure on home prices.”
This means that the long-term price of your home could cost you thousands of dollars more next year; compared to buying right now. If buying a home is in your plan for this year,
doing it sooner rather than later could mean substantial savings for you and your family. Let us know if we can be of service during that process.
To view our current listings, visit us at McKillion.com