Welcome to my video real estate blog!
I get asked all the time whether now is a good time to buy
and sell. A lot of people are concerned about the rising prices and the rising
interest rates.
Well, the truth is none of us can predict the future, but we
can look at past trends. Money is cheaper than it has ever been! With interest
rates at 4.3 percent, we are experiencing historical lows.
That means for every $100,000 you borrow, you will pay roughly
$500 a month in a mortgage payment. That’s a $300,000 home for only $1,500 a
month!
Buying is cheaper than renting now. Especially because many
previous homeowners who did short sales aren’t able to get a loan, it’s causing
rental prices to go up.
Take advantage of this market. It truly only comes around
once in a generation. It is the perfect time to build equity and lock in the
lowest rate possible.
If you have questions about what your home is worth, give me
a call. I’d be more than happy to help!
Thanks for watching!
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