The housing market is shifting, and low interest rates coupled with rising home values means now is the time to buy a new home. If you’ve been on the fence about buying, here are 4 reasons you shouldn’t wait:
- Mortgage rates are low – Mortgage rates are at a yearly low right now, which means lower monthly payments and more money in the bank.
- Inventory is increasing – With more houses on the market right now, you have a bigger pool of houses to choose from, which means you’ll feel less pressured to settle.
- Home prices are rising – Between July 2016 and July 2017, median list price in Raleigh increased by 13.6%. The sooner you buy, the better!
- Home values are rising – The upside to higher prices is that home values are also increasing. This can help you in the long run when you decide to sell.
Whether you’re a first time home buyer or ready to upgrade to your forever home, Ashley Wilson Realty Group can help! Together with our lenders, Michael Travis with JG Wentworth and Phyllis Faulkner with Movement Mortgage, we can get you in the perfect home. Call 919-378-1974 or email info@wilsonrealtygroupnc.com to get started!