Market on the Rise- Time to Buy!
Stats everywhere are showing that the market is finally on the rise again. While this is great news for our struggling economy, it also means that the “Buyers Market” may be coming to an end. Housing Starts rose 2.6% in April to a 717,000 annual rate. Single-family units were up 2.3% for the month and are up 18.8% from a year ago. Permits for single-unit homes are up 18.5% versus a year ago.
If you have been thinking about your dream home, now is the time to start looking. Mortgage rates are still very low- as low as 3.9%. But as the economy recovers, rates and home prices will also climb. There is no better time to pull the trigger on your dream house. Give me a call and we can start looking together!