Why You Should Sell Or Buy Your Framingham Ma Home In 2016
With a new president on the horizon and the FED keeping interest rates down for a long time, we can expect a change in mortgage interest rates upward over the next few months. Ebven though rates are historically low, some buyers may be on the fence and may stay there if the rates do move up quickly because they may not be able to afford to buy your Framingham home with this rate adjustment. As a seller of a home in Framingham, you need to put your home on the market and expose it to te huge wave of buyers out their now to get maximum profit for your home with lower inventory. Foreclosures are also creeping up so this will create more inventory, even though this is a different type of buyer, usually investor with handyman skills.
Buyers should take advantage of these historically low interest rates that i believe will not last much longer with economic and political changes on the horizon. Even though inventory is low, you will be able to get more house for your money. Framingham inventory has increased so there are some really good choices for your new home heading into the summer 2016 market. Whether you are looking for a small ranch home or a new construction home, there are homes to fit any homebuyers needs. There are more opportunities for your new Framingham home, but you still have to act fast because th market is flooded with buyers compared to homes for sale even with the increase of Framingham inventory.
Sellers can get more money than asking for their home because of the flood of buyers going after the lower inventory of homes far less than there are buyers. You need to gauge your situation to see if now make sense for your financial situation to make a now. If you are buying a single family home , and can afford to buy a home you want with all the amenities you need , you should move forward today. In a few short months, your affordability factor will change with te political and economic changes coming fast. If you wait unitl the Fall to buy your Framingham home, that is not necessarily a bad option because this will limit (at least a little) your competition. School being in session linits the amount of families who want to move during this time of year. Two of the most desirable Framingham areas are Nobscot and Saxonville on the North side of town. There are many homes available in either of these two great parts of town. The Saxonville area is 3 minutes from the high school, and the Nobscot area is 3 minutes from Walsh Middle School.(pretty much anywhere you are coming from there.
These are some of the many reasons why it is important to sell or buy your Framingham Ma home in 2016. Now is the time to buy the most home for your money while you still can before the FED jumps in, and they will do that soon.
Why You Should Sell Or buy Your Framingham Ma Home in 2016
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