Before you let your to-do list overwhelm you, check out the tips below to have a healthy and stress-free holiday. You will find little hacks on how to beat the germs, navigate your holiday shopping and re-energize your spirit.
Become a First-Time Homebuyer: There are many financial and non-financial benefits to owning a home, and the most important thing is to first decide when the time is right for you. You have to determine that on your own, but know that now is a great time to buy if you’re considering it. Just take a look at the cost of renting vs. buying
Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits.
The chart below shows how much you would save based on today’s rates, compared to what you would have paid if you purchased a house exactly one year ago, depending on how much you finance.
If you’ve been waiting since last year to make your move into homeownership, today’s low mortgage rates may be just what you need to get the process going!
It's the Holiday break! What are your plans?
If you are unsure and want some great ideas, look at what is happening around Folsom!
Head outside in the cool crisp nights and enjoy beautiful Christmas lights, hot cocoa, ice skating and just spending fun times with friends and family!
Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:
With inventory being one of the biggest housing market challenges today, finding a starter home right now isn’t easy. According to the from the (NAHB), 68% of those searching for a home think their search will get harder or stay about the same over the next 12 months.
The same study reveals,
This is certainly no surprise, given the current inventory status. So, what’s the good news? The NAHB continues to say,
If you’re thinking of selling your home, buyer demand is high – and those looking in your neighborhood aren’t planning on giving up anytime soon. The majority of potential buyers who are still searching for their dream home are eager, willing, and ready to buy, so maybe it’s time to list your house and make your move.
With buyer demand as high as it is today, and inventory in the entry and middle-tier markets remaining low, it’s never been a better time to move up. Reach out today to determine if now is your time to sell.