22 May 3 Reasons to Buy a New Home Now
Buying a home now instead of waiting means avoiding the following issues:
Home values are projected to increase up to an average of 4.6% by the end of 2013. Read the latest survey from Pulsenomics. Not only are prices growing. So is the demand for new housing as indicated by the National Association of Home Builders.
The Fed has been steadily maintaining low interest rates for economic recovery but this won’t last forever especially as the economy improves. This could significantly affect the cost of your home. Check out weekly fluctuations in the primary mortgage market surveys from Freddie Mac.
Historically, rent cost are affected by the market supply and demand. There is currently a demand for rental properties. Such that the national cost for rent has increased by 4.5% in the past 12 months according to latest report from Zillow.