Home Buyer & Home Seller Tip: Will Real Estate Prices Continue To Rise?
Recently Corelogic released their quarterly Homeowner Equity Insights report, and the Home Price Expectations Survey was also released.
I’m pleased to share real estate prices are expected to appreciate over the next five years. There is no sign of the market crashing or values beginning to depreciate.
If you’re currently renting and would like to buy a home, start now or as early as possible.
Buying a home sooner will allow you to take advantage of a market where equity will continue to rise. In addition, mortgage rates are at their absolute lowest. Now is the time for you to have the lowest possible mortgage payment if at the end of the year mortgage rates begin increasing.
If you’re a seller, understand selling now makes more sense because mortgage rates are extremely low, and if you delay and mortgage rates rise, potential buyers will have a more challenging time financing the home you’re selling.
Whether you are buying or selling, the first thing you should do is speak with a real estate and mortgage professional who spends a few hours every week reviewing real estate and mortgage data. Doing so will allow you to make an informed decision.
If it’s a real estate agent, you need an introduction to send me a message. I have an exceptional real estate agent who can answer all of your questions.
My name is Edgar DeJesus. I’m the mortgage advisor and branch manager of Treasure Coast Home Loans.
Today’s market requires you to have a skilled negotiator and consultant, like me, helping you and the people you care about right now.
Call or text, (772) 444-6362, with any questions that will let me separate opinion from opportunity.
Thank you for taking the time to read my latest real estate and mortgage report.
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