Real Estate 2015

What will happen in 2015?

nationwide panel of over one hundred economists, real estate experts and investment & market strategists project that home values will appreciate by almost 4% by the end of 2015. Additionally, Freddie Mac’s most recent Economic Commentary & Projections Table predicts that the 30-year fixed mortgage rate will appreciate to 4.5% by the end of 2015.

Cost-of-Waiting-to-buy-feb-2015

For most home buyers, interest rates greatly impact purchasing power. A one percent difference can substantially alter someone’s wish list.   With our very low inventory and pent up demand we continue to see prices rise and in many cases see multiple offers again in this cycle. Having an advisor and one who can help you navigate all the data is critical for a successful outcome.  We are here and ready to help you achieve your goals.  Time to pick up the phone and give us a call.