OPEN HOUSE: 583 Fieldstone Dr, Amherst OH 44001

By
Real Estate Agent with www.LorainCountyHomeSales.com

Front 583 Fieldstone Dr Amherst   Back patio fieldstone 

OPEN HOUSE: Sunday 2-4, November 3rd, 2013     583 Fieldstone Drive, Amherst   (Amherst Twp - Hidden Valley)

Price: $175,000       MLS# 3446580    Listed by: Carla Harbert, Re/Max Omega 440-309-5209

eMail for more details: CarlaHarbert@gmail.com

Here are three great reasons to consider buying a home today instead of waiting.

1.) Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report released last week projects appreciation in home values over the next five years to be between 12.3% (most pessimistic) and 32.8% (most optimistic).

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes any sense.

2.) Mortgage Interest Rates Are Increasing

As reported by Freddie Mac, interest rates for 30-year fixed-rate mortgages have risen about one full percentage point over recent historic lows.

The National Association of Realtors, the Mortgage Bankers Association, Freddie Mac and Fannie Mae, in their July forecasts, have all projected 30-year-fixed mortgage interest rates to be between 4.8 and 5.1% by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. Whether you are moving up or moving down, your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

3.) It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. But, what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe it is time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings

 

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  www.LorainCountyHomeSales.com

 

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Tags:
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Rainmaker
431,769
Claudia S. Nelson
eXp Realty - Woodbridge, VA
Local Expert Making a Difference!

Good luck with your open house. Hope you get lots of traffice and a buyer. Take care.

Nov 02, 2013 10:43 PM #1
Rainmaker
1,676,131
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

The start of the week and/or the end of the weekend, may this day bring success to your present venture.

Nov 03, 2013 12:42 AM #2
Rainmaker
891,420
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

I hope your open house went very well. I love previewing homes. I hope the open house attracted lots of agents previewing home.

Nov 03, 2013 10:27 AM #3
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Rainmaker
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Carla Harbert

RE/MAX Omega: Lorain-Medina County Area
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