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Why Buyers and Sellers Should Act Soon-Price vs Cost

October 28th, 2014 4:40 PM by Jennifer Sheil

Everyone in the real estate industry agrees that sale prices and interest rates are on the rise. A recent article in Keeping Current Matters encourages buyers/sellers to act now while they have the chance to buy more house and/or keep their payments lower than if they wait.

It's really a matter of price vs cost. Whereas a seller should be most concerned about the short term price of a home, a buyer should consider the long term cost of a home.  

Recent reports project that home values will appreciate by 4% from now to the end of 2015, and predictions indicate the 30 year fixed mortgage rate will be 5% by the end of next year. These are compelling reasons to act now!

Please contact us today to let us know how we can help you.
Posted by Jennifer Sheil on October 28th, 2014 4:40 PM