Kris and Kim's Blog

Great Stuff on Interesting Topics
Is Your Luck Running Out In Buying A Home?

Is Your Luck Running Out In Buying A Home?

Some Highlights: 

  • The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.8% according to CoreLogic.
  • Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!
Kris and Kim Darney – REALTORS® – Grandparents – 714.657.6634

Are You 1 of the 59 Million Planning to Buy This Year?

Are You 1 of the 59 Million Planning to Buy This Year? According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. As a result, if this statistic proves to be true, 59 million people will be looking to buy a home in...

US Housing Market Is Moving into ‘Buy Territory’!

US Housing Market Moving Buy Territory. The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers “measure the relationship between purchasing property and building wealth through a buildup in equity versus renting a comparable property and investing in a portfolio of stocks and bonds.”

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC]

Historically, the choice between renting or buying a home has been a close decision.
Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious.
Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!

Summary
Is Your Luck Running Out In Buying A Home?
Article Name
Is Your Luck Running Out In Buying A Home?
Description
Is Your Luck Running Out In Buying A Home? Freddie Mac predicts that interest rates will increase to 4.8% by this time next year...
Author
Who
Kris and Kim Darney Your REALTORS® For Life
Us

Pin It on Pinterest

Shares
Share This
Kris Kim Darney Real Estate Agents Residential Properties

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

%d bloggers like this: