Today’s buyers and sellers face unique challenges, and it’s up to trusted real estate professionals to help you each step of the way. 

I remember when I started my career in real estate in 2003 and a couple of years into the profession, I went to a class where the instructor asked the class how many were in real estate when the interest was in the double digits. The agent next to me was already a seasoned agent and she held her hand up and said she bought a house, and the interest was 16%. The interest in 2003 was around 9% to 10% and I thought that was high. 

I remember looking at her and asking why did you buy a house when the interest was so high. The comment she replied with was, “We loved the house; we bought it, and when interest rates went down, we refinanced our house.”  That is it—the interest rate is going to go up and down. When you feel it is time to move, your finances are in order, and you find the home you want…. Talk it over with your banker and go for it.

Homeownership: The Best Investment
88% percent of buyers view owning a home as a good investment.

Value of Owning a Home:

• A fixed-rate mortgage offers stability for month-to-month payments.
• Homes appreciate in value faster than inflation.
• Net worth increases as equity builds.
• You may be able to deduct the interest you pay on your mortgage, insurance premiums, and property taxes. (Consult your tax advisor for more information.)
• Opportunity to lay down roots in a community.                             

Owning a house gives you control over the property and lets you add the fixtures, amenities, and cosmetic changes you want without asking a landlord.

Are you wondering if now is the time to buy or possibly sell. Call a professional Real Estate agent/broker to help you answer all your questions.

Until next time… Jeannie