Residential Rent is on the Rise
Need another reason to consider buying a home? How about the fact that 100 percent, (yes - that's 100%), of the markets recently tracked by Reis, Inc. showed an increase in average rents?! Not only that, but 90% of those markets are at an all-time record high for rental prices.
Moral of this story? Now i
s a great time to buy! With today's super low interest rates, a monthly mortgage on a home in North San Diego County is comparable to the average monthly rental. If you are looking to renew your rental contract, it is definitely worth considering to buy instead. (As a leading North County real estate agent, I would be more than happy to walk you through the process!).
And if high rent isn't enough of a reason, here are a few other incentives for buying a home now:
- Home prices are on the rise! (Click here to learn more).
- Sellers who keep their homes on the market during the holidays are very motivated.
- There is less competition in the buyer pool during the holidays than in the spring.
- Rates are expected to go up which means so will your mortgage! (Click here to see how rising rates can affect your monthly payment).
Thank you very much for reading my blog! I hope you found it helpful. If you enjoyed reading this, please let me know by adding a comment below or sending me an email. If you have any additional questions please submit those as well and you may see them on a future blog post.
Here are a few additional articles you may find useful!
- San Diego Homes are Priced to Buy- Now Might Be the Best Time in Years!
- Are you a first time home buyer? If so – this is a must read!
- Interested in buying a Buena Creek Home? Check out this quick link to start your search!
Casey Cooke North County Real Estate
Thinking of selling your North County Home? My team of experienced professionals can help you whether in Carlsbad, Vista, Oceanside, San Marcos, Escondido, or elsewhere in North County. We specialize is helping homeowners sell their North San Diego County homes for top dollar with minimal stress and hassle. So, whether you’re selling your home in Discovery Hills, or looking for Buena Creek homes for sale, call me directly at 760-216-6604 or email me at Casey@CaseyCooke.com.
When we talk, I will explain the process in detail and answer any questions you may have. Then we get busy right away marketing your home with professional photos, video tours, high quality print materials, and much much more! If you or someone you know is thinking of selling their home in North San Diego County, you owe it to yourself to check out the #1 Realtor at Coldwell Banker in Vista Village, Casey Cooke!
Thank you for reading this, I hope I have been helpful!
Casey Cooke is a licensed Real Estate agent at Coldwell Banker in Vista Village. License#01845539. Phone: (760) 216-6604. Casey@CaseyCooke.com.
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