Here are four great reasons to consider buying a home today instead of waiting.
1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year.
The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
2. Mortgage Interest Rates Are Projected to Increase
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4.8%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase in 2019.
An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.
3. Either Way, You are Paying a Mortgage
There are some renters who have not yet purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.
As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person building that equity.
Are you ready to put your housing cost to work for you?
4. It’s Time to Move on With Your Life
The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.
But what if they weren’t? Would you wait?
Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.
If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
Published by leslieswindahl the real estate whisperer
The Real Estate Whisperer
First time buyers agent ABR,GRI
Ready to Service You 100%
Serving Clients Every Day
Fast, Effective & Efficient
The role of a real estate agent is to guide you through the buying or selling process, taking the time to make sure you understand every step of the transaction. I'm absolutely committed to fulfilling your needs and home dreams with the highest level of professionalism, expertise and service. My commitment to your satisfaction is the foundation from which a solid business relationship is built.
I has also received the national designation of Graduate Realtor Institute (GRI) from the Washington Association of Realtors, demonstrating quality real estate credentials and training gained through a challenging curriculum of courses. Leslie has been awarded the prestigious Certified.
When you work with me, you can expect friendly, professional service that includes in-depth knowledge of the area and current market conditions, outstanding communication skills, and the ability to aggressively market, manage and negotiate for you!
Member of NWMLS (Northwest Multiple Listing Service)
Member of TPCAR (Tacoma-Pierce County Association of Realtors)
Member of WAR (Washington Association of Realtors)
Member of NAR (National Association of Realtors)
1 2 3 4 5 (2 Reviews: 4.75 stars/5)
Jan 21, 2016 by Ronald A Indra
1 2 3 4 5
professional, focused and committed
Apr 20, 2015 by Ronald Indra Trust
1 2 3 4 5
I have worked on Real Estate transactions with Leslie Swindahl for over 5 years. Her knowledge of the immediate Real Estate Market is very good and that allows me to obtain the best selling price for my property. Her knowledge of the market and good negotiating skills allows me to get great purchases on real estate. Leslie is very diligent and does the extra tasks needed to get the deals signed around quickly. Being an Investor in Real Estate for the last 18 years I am looking for professionals that can get the job done. Leslie is truly a professional agent that can deliver results.
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Leslie helped my husband and I buy our first home. She was super patient with us as we figured out what we wanted and helped us learn about different options. She was also very thorough with the offer process and ensured that we knew exactly what we were signing--which I really appreciated.
( 5 Active Listings )
5226 Tacoma Mall Blvd
Leslie's Recently Sold Properties
( 10 Sold )
21615 41st Ave E
Sold Date : 12/30/2015
Sold Date : 11/17/2015
Sold Date : 09/30/2015
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