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 Real Estate Blog 
Tuesday, July 30 2013

by The KCM Crew on July 30, 2013

Here are three great reasons to consider buying a home today instead of waiting.

1.) Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report released last week projects appreciation in home values over the next five years to be between 12.3% (most pessimistic) and 32.8% (most optimistic).

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes any sense.

2.) Mortgage Interest Rates Are Increasing

As reported by Freddie Mac, interest rates for 30-year fixed-rate mortgages have risen about one full percentage point over recent historic lows.

Read more about this topic here

Posted by: Marilee Murphy AT 08:33 am   |  Permalink   |  Email

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Marilee Murphy Associate Broker, CRS, GRI, ABR, e-Pro
REALTOR®
Long & Foster REALTORS®

Long & Foster Real Estate, Inc.

Cell: (703) 217-0697
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