In today's busy real estate market, there are a number of things to consider when buying a home. For example the style of home you prefer, the location and the proximity to schools for some people. With that said, one important factor that can have the biggest impact on purchasing is the interest rate you will be receiving to finance your loan. This one number can determine whether you can afford a loan or qualify for a loan. One percentage point can make a big difference in your payment. Currently, interest rates have been inching upwards and the feeling is that they may continue. With that said, now is the time to purchase while the attractiveness of a rate under 5 percent is still available. If you are looking to see what your affordability is, call or email me today with no obligation.
Blog :: 2017
If you haven't heard, the real estate market has started out with a bang in 2017. According to The National Association of Realtors, existing home sales nationally was at a ten-year high in January and up 3.3 percent. This is the fastest pace since 2007. All areas saw an increase except the in the Midwest. For us locally, we are experiencing an incredible start to the new year. Prices are starting to pick up and inventory is lower than last year at this time and our average days on market has declined. This makes for a great opportunity if you are thinking about selling in the Champlain Valley area. Now is the time to give me a call. Don't wait until your competition list their homes. Be first and you are more likely to achieve better results. Get an estimate on what your home is worth by calling or emailing me. No obligation and cost nothing. I can help you save time and show you how we can save money.
Winter is that time of the year that some people either are incredibly excited about the snow and all the related activities that come with it or despise it for all the obvious reasons. It’s not much different for some people when they think about selling their home. For today, let’s take our focus off the obvious, cold that might accompany such an endeavor. The reality is that selling your home in the winter can be a lot easier than you think. The fact of the matter is that there really is such a small time frame when moving can be difficult. If you put your home on the market in January before most people do, you can typically have less competition which sometimes can allow you to receive more money for your home. Those people looking for homes are serious buyers and they need to buy. Additionally, if you do have success in January, your closing date most likely would be in March. A time of the year when the worst of winter is over, moving is not as difficult as if you sold your home in November and have to close in our coldest month of the year in January.