Then again, it may not.

Why Mortgage Rates Are Increasing. When looking at purchasing real estate, the cost of the purchase should factor in the cost of the money making the purchase. If the cost of the money goes up, the buying power of the dollar will go down; it will cost more later to buy the same house now if interest rates continue up. Having spent the last two years thinking rates could not go lower, I'm not even going to hint that rates won't stay where they are or even drop again. I don't know. We still have a large number of short-sale and bank owned homes in our market and the law of supply and demand is definitely affected by the law of 'cut your losses'. While money might cost more in the future, our local market may offset that cost by continued reduction in market prices. Ultimately, whatever informed decision you make is the right decision at the time.

Whether you're looking for your first home, or possibly your last, or selling either of them, I have the patience and experience to help you make the best choice in Vancouver Washington. The Natural Choice in real estate is working with a professional real estate agent (me!) at Krogseng Real Estate who listens to your needs and works as a trusted advisor to get the best solution to your housing needs. We will give you a new attitude about real estate. If you are concerned about living a more sustainable lifestyle, Vancouver Washington may be the city for you. I specialize in knowing the neighborhoods in Vancouver Washington that have great walkscore ratings. Whether you want the low-maintenance condo lifestyle, a home that gets you off the grid, or a home that is something in between in Clark County, the natural choice in real estate will be someone that can help you find just the right home and neighborhood. If you're looking for homes that have been certified as green, you'll want to know I keep informed of the newly constructed homes and their various green certifications. Visit Krogseng Real Estate for more information.