According to a recent article on RISMedia, the top 3 reasons that now is the right time to buy a home are:
1. Rising Home Prices: Home prices are inching upward at an accelerated rate. Since price is likely the most significant consideration most people have when buying, this is important. If prices continue to rise, and you buy now, your equity will begin to build as soon as you close. And home prices ARE projected to increase.
2. Low Mortgage Rates: Yes, interest rates did go up a little in the last month, but they are still super low! And the gurus are projecting that they will go up even more over the next year. NOW is the time to get locked in.
3. The Re-emergence of New Construction: Builders are building again, but not at the rate they built in the mid 2000s. Land costs more, materials cost more, labor costs more. New home prices are going up, too. Buying today may be your best option because the cost of new constructions isn't likely to decrease.
Regardless of what is happening in the market today, tomorrow, or a year from now, real estate is almost always a good investment for the long term.
If you would like to see what is available for sale in the southeast valley, we make it easy! You can visit our website to search for homes, or download our app to your phone to search by texting the word CHANDLER to 32323. Of course, we're only a phone call away at 480-726-7000.
The Ryan-Whyte Team at RE/MAX Infinity 480-726-7000
Bill Ryan is a native of Chandler, AZ and has been a full time, active real estate agent and broker since 1974. Bill and his son-in-law, Cory Whyte, have a team of 13 full time agents and administrative staff. Bill is also the owner/broker of RE/MAX Infinity, located at 2450 S Arizona Ave #1, Chandler AZ 85286. Please visit our website at http://www.chandlerocotillo.com where you can search the MLS, find out what your home is worth, and read more about our team and our beautiful towns in the Southeast Phoenix Valley. When it comes to Chandler Real Estate and homes for sale in Chandler, we are the experts! The Ryan Whyte Team is the #1 RE/MAX Team in the Southeast Valley.
By Bill Ryan, The Ryan-Whyte Team at RE/MAX Infinity
a href="https://plus.google.com/u/0/105695582333199821565/?rel=author“>Bill Ryan