There has never been a better time for both Buyers and Sellers. With the Prime Rate at an unprecedented low rate of under 4%, this is the ideal time for Buyers to lock down a low rate. Not to mention the variety of loan programs offer low down payment, down payment assistance & even assistance with closing costs, the time is definitely right! And worried about your Credit Score? With a qualifying score which could begin in the mid to upper 600’s, that opens the door to many more people for home ownership!
Now let’s not forget about Sellers! How does all of this benefit Sellers you ask? Better interest rates, Buyer incentives & assistance = more Buyers and more opportunities to sell your home at a price that is still competitive.
To sum it up, this is a great time for Real Estate! If you would like more information, or if you would like to speak to a Lender but don’t know where to start, give me a call and I could refer you to several. If you are curious about your current home value, I would be happy to discuss that with you and send you the most recent Comparative Sales to help you with that decision as well.