Use the share link to the left to share this post to your social media. Just copy the text below, click share and past the text and click share again.Β Itβs that easy. front porchβ¦ We make it easy.
“I’ll just wait until prices go down because it will be cheaper for me to buy.” β£
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ππ«π¨π§π .β£
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It’s important to understand that it has historically never been cheaper to borrow money, aka finance a home loan. Yes, prices are higher than they were 20 years ago, HOWEVER, rates were in double-digits. β£
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Spoiler alert: it’s cheaper to buy now than it is to wait, and experts don’t anticipate values to drop, they just won’t appreciate in double-digits as they have in recent years. β£
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Don’t get caught in the rental trap β monthly rents are keeping on track with demand as purchase supply is not on pace with buyer demand, causing prospective buyers to renew lease terms and get stuck into lengthy lease agreements. β£
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πππ’π¬ ππ¨ ππ‘π π¦πππ‘:β£
β’ $450k loan amount @ 4.5% = β£
$2,280/monthβ£
β’ 450k loan amount @ 5.75% = β£
$2,626/monthβ£
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Let’s say you were waiting until prices dropped … and just assume prices continued to rise, and interest rates continued to follow (as both have been):β£
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β’ $450k loan amount @ 4.5% =β£
$2,280/monthβ£
β’ $470k loan amount @ 5% = $2,523/monthβ£
β’ 500k loan amount @ 5.75% = β£
$2,918/month π€―β£
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π³π πππ πππππππ π πππ πππ π’ππ πππ ππ ππ πππ ππππππ? We can only act on what’s best for us right now. Frustrated with the current market? Let’s chat and figure out a way to get you into a new home!β£
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Give us 15 minutes and we’ll walk yout through all the details and benefits of our Agent Assist Marketing Program. This is a real live Zoom call so you can ask all the questions you want. We will cover building your brand, websites, social media, newsletters and our blogging and transforming you into a ROCK STAR!
