How about a smart four-leaf clover with four reasons you should buy a home this Spring!
If you are planning to purchase a home in 2019, here are four reasons you should do so now instead of waiting until the Summer.
Interest Rates are Low. After approaching, and briefly exceeding 5% in 2018, the prevailing rate is down around 4.4% for a 30-year fixed rate mortgage. You’ll want to secure that lower rate now rather than waiting and potentially costing yourself thousands down the road.
More Inventory is Coming. More homes come on the market in the Spring, meaning there will be more selection for you to choose from. Just know that the longer you wait, the more buyers there will be in the market, meaning more chances of entering into a bidding war.
Move in Spring and Enjoy Your Home This Summer. You don’t want to move during the hottest months of the year. You want to settled in so you can enjoy the nice community pool in your new neighborhood, or in your backyard!
Begin Earning Equity Now. With home prices continuing to go up, you’ll not only save money by purchasing your home at a lower price now vs. waiting, you’ll also earn more equity when you start at a lower purchase price.
Thinking about buying or selling this Spring?
Speak to an experienced local Realtor® with your best interests in mind TODAY to help you make an informed decision that will most benefit you and your household.