With the 30 year fixed Mortgage rates dropping below 5% this week I feel even better than ever to contact all my Buyers and Sellers to let them know,,,,.IT IS A FANTASTIC TIME TO BUY! Nobody knows how long these rates will be in this range, or if they will go lower. Even the Mortgage Lenders have thrown away their crystal ball ! The bottom line is if you have been on the fence, wondering if you should buy or upgrade, now is the time. It equates to the perfect ability to buy more of a home than you could afford 6 months ago, at a lower interest rate and monthly payment! Plus there are many fantastic deals out there waiting to be had. In 6 months to a year after you buy you will break open a bottle of bubbly for the foresight in buying at this time. What a smart Buyer you can be as long as you use your favorite Licensed Professional REALTOR to help you buy without mistakes or problems. This will help the Real Estate market to unload tons of inventory, and create new listings for those looking to sell their home at the perfect time to upgrade to the home you have had your eyes on for a long time, and did not think you could afford. Timing is everything,, and NOW IS THE TIME!
Robert P Bowman is a Licensed Professional REALTOR with Cornerstone Real Estate Professionals in Logan Utah. He can be reached by e-mail loganrealtor@gmail.com or visit his website www.retireinlogan.com
Robert, this is so true. Now is a great time to buy and I think people are catching on.