The economy is improving, inflation is going up, interest rates are on the rise and it may cost you more to wait than to buy now. "If you're shopping for a new house, the mortgage could run you an additional $720 a year if all of the Fed's three expected rate hikes go through, based on a $200,000 home currently financed at over 4 percent, according to Bankrate.com." Read more here
Have you noticed rent is going up? According to the "Buy Vs. Rent Index" its now better to purchase a home in most cities across the country. Are you thinking about buying a home in 2017? This information is essential before you jump into the real estate market. Take a minute to review and get educated.
So you’re finally ready to get serious and buy a house—chalk it up to the amazing spring weather, or maybe a precious bun baking in the oven, or that much anticipated promotion at work. Whatever the reason, you feel primed to start poring over listings and spending your weekends open-house hopping. Exciting! Yet while you might feel prepared for this next giant step, just remember—there’s a lot of planning and prep work that goes into this purchase, even before you start to l