What Does the Roller Coaster Effect of Interest Rates Mean for You?

Today I wanted to speak with you about how the roller coaster interest rate trend affects buying and selling homes. For both buyers and sellers, rates have been up and down as of late, bouncing between 4.5-4.65%. This trend is expected to continue and for 2014, rates are expected to rise to 5%. However, the market still favors buying a home and to support this, the National Association of Realtors reports that 68% of people surveyed have purchasing a home at the top of their priority list. According to a recent home price survey, leading analysts predict a 5% in home values over the next year.

If you are on the fencing about buying or selling, don’t hesitate to call. Thanks and have a great day!

Is It Too Late For You to Move Into Your Next Home?

Is It Too Late For You to Move Into Your Next Home?

Today we wanted to speak with you about whether or not it’s too late in the year to move. The answer is no! If you are thinking about buying a home right now, there is a great selection of homes, great interest rates and lenders are excited to lend money. If you are thinking about selling, there are many people who are renting and looking to get back into the market. There is also plenty of time to get into your new home and settled for the holiday season. The market values have also stabled and are currently improving.

If you have any questions, do not hesitate to contact us. Thanks and have a great day!

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