Experts are predicting a strong year for the US Housing Market in 2017!
Rent is Expensive
With rent rising, buying a house may make more sense for you than renting. If you have a safe and steady income and have worked on saving money, it could be time to make an investment. A study from Trulia shows that buying a home nationwide is 37.7% less expensive than renting. Click here to find out more.
Mortgage Rates are still low
With rates in the mid-4% range, it could be lower, but it certainly will not go much higher. Compared to past rates (2006- 6.5%), this isn’t bad at all and the better news is it doesn’t look like it’s changing any time soon.
Still a Buyers’ Market
Prices are still in line for a buyers’ market. Now is the time to start investing!
There are many Mortgage Programs to choose from when working on a Down Payment or Pre-Approval. Most buyers worry about affording a home, but there are more programs now than ever to work with.
Home Values are UP
Gaining equity is all about gaining vs owning. If you have kept up with monthly payments and have worked on gaining equity, you could have a pleasant surprise if you qualify to cash-out refinance. This means more opportunities for you in the long run!
Contact us today and let’s get started, or feel free to browse and let us know if anything catches your eye!