The Real Estate Tri-Fecta
1. Home Prices
You want to purchase while home prices are low... Are you waiting for them to hit rock bottom? The only way for you to know, for sure, when prices have hit rock bottom, is when they start going up! Prices are low right now; NOW is the time to buy.
2. Mortgage Rates
The best time to purchase a home is when mortgage rates are low and there are loan options available. Rates are at historic lows and FHA financing is more readily available.
3. Housing Inventory
The goal is to have enough inventory to find the home you want, in the area you want, at the price you want. More inventory also allows for consideration of concessions. Such as having your closing costs paid for by the seller.
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