Choose A Home Now Or Pay Higher Rates!

Rates Change The Cost per Square Foot of Real EstateWatching the Real Estate Market? That means your not taking advantage of it.

Homes are Selling in Hampton Roads. Inventory of homes for sale is low from the Virginia Beach Oceanfront to the Suffolk Nansemond River.

The rates have been so low that a 3 Bedroom 2 Bath Home has been cheaper per month to own then to rent.  Many people have been watching the news thinking they would never qualify to buy a home. when in fact because the rates have been so low they actually would qualify. It is a great time for First Time Buyers  to become homeowners.

Sellers have also been sitting back watching the market thinking why should they sell now when their home was worth more 4 years ago.

Well Here is why, If they sell the home now the odds are they can re-buy a better home a at a lower cost.

Not a lower price but a lower cost, If the new home was 25% more expensive and the interest rate was 3% lower. That would equate to a lower payment on a more expensive home. ( More House for your Money )

This is a time that will be talked about for years to come! Some will be excited that they jumped in the market and others will be grumbling that they should have purchased a home when they had the chance.

Everyone makes their own choices in life and one we all have to make is do I buy or do I rent.  My take on that is at least talk to a Local Lender, See if you qualify and what the cost would be. Now you can make an educated decision. Home Ownership or Renter

Remember where you are, If your reading this you were already thinking about a home……… www.ChooseaHomeNow.com

By Don Maclary

 

Homes for Sale

Don was an incredible help to our family when buying our first home. He was very patient while helping us through every step of the buying process. I would definitely recommend Don Maclary for your house-buying/selling needs. He helped us understand the process and what our needs really were.
~ Amber, Real Estate Buyer

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The postings on this Real Estate site are made by Don Maclary - Realtor and do not necessarily represent the positions, strategies or opinions of Howard Hanna William E. Wood.