Want a bigger, better house? Now's the time.
June 13 2018
If moving on from your current home has ever crossed your mind, you might want to think about acting soon. The current real estate market is primed for both selling a house and buying a new one. And with more construction on the horizon, you may even have newly built properties to choose from.
Is a move-up home on your radar? Whether you need a bigger home to fit your growing family, or you're interested in adding some upgraded amenities that your current home can't accommodate, the time is right for a move-up home. Here are three big reasons why:
1. Mortgage rates are at historic lows.
Today's mortgage rates hover in the 4 percent range -- a far cry from the rates of a decade ago. In 2008, rates were 6 percent or higher, meaning thousands more over the course of your loan.
2. You can get top dollar for your current home.
Housing inventory is tight and demand is high, making it a true seller's market. Set the bar high when pricing your home, and reap the benefits. Use those extra funds to buy your dream house, complete with all the upgrades and amenities you desire.
3. New construction is on the rise.
Builders are becoming increasingly more confident in the year to come, and new construction has started to rise. You could build your move-up home from the ground up, or have your pick from newly built inventory and spec properties with all the extras. The choice is yours in today's market.
Are you ready to move on from your starter home, or could you just use some extra space? Contact us today to talk about financing your new home.