Health & Fitness
Holding Off Buying or Selling a Home is Far Less an Issue Now
Consumer confidence in housing field is highest in years. Interest rates are rock bottom (but rising) and prices in South Orange County are screaming upwards at a terrific clip? Time to Act Now?
South Orange County has mostly survived the market crash! And the inventory of homes is starting to increase. Well, it's about time, huh?
We’ve seen new mortgage regulations put an end to predatory lending and we’ve welcomed programs that aid underwater homeowners. Inventory should keep on rising and best of all, home prices are actually heading up at a good clip.
But wait? Does the American Dream still exist? And, does housing have a place in the dream? Studies show that Americans are still highly valuing homeownership.
Find out what's happening in San Clementewith free, real-time updates from Patch.
According to a recent Lending Tree survey, almost 80% of people still think that homeownership is an essential part of the American Dream. Additionally, 76% are confident that if they wanted to purchase a new home in the future, they would be able to sell their current home, obtain a mortgage and afford a down payment despite the down housing market.
Doug Lebda, chairman and CEO of Lending Tree says, “Low rates, affordable home prices and a recovering housing market have created a unique window of opportunity for potential homebuyers. The good news is that the housing market is steadily improving and upcoming lending regulations provide clarity for lenders while giving confidence to lenders.”
Find out what's happening in San Clementewith free, real-time updates from Patch.
Consumers still see the significance of owning a home, and after a few rough years, it’s once again a possibility for them. If purchasing a home aligns with your financial goals, priorities and current situation, now is a great time to invest in a home and make the American Dream a reality.
Why? Because for sellers, home prices are still rising, and for buyers, interest rates are historically low…almost unbelievably low, when you think about the shockingly high rates of the 1980s.
Want to see homes in any price range you want? Then just go here to search the MLS for homes located anywhere you like.
If you’d like to speak with me directly about how you’d fare today in buying or selling a home, just email me now and I’ll answer right away.
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