Here we are again. The American Dream ! Number one on the bucket list!
In our local area and in many cities across the country we must face reality and jump on this ship before it sails or as I would say, jump inside this rocket before it blasts off!
The economy has improved and we see this phenomenon in mega growing mode of now ultra modernized cities. Fancy restaurants with long wait times during the week and just imagine on weekends when happy hour of waiting turns into happy hours. . Shopping malls and designer boutiques reporting record sales, fancy cars where luxury was once defined at the $80k level now it's normal to see this same model in today's economy pushing $160k. Dual income households, higher paying specialized jobs, higher level of education... You get the idea.
All of these are signs of a stronger economy or at least they appear to be.
Regardless, the real estate market only sees the dominance of positiveness and must keep up with the trend. Luckily for us, there's the opportunity of owning your own home where you have the power to cryogenize (to freeze in the future... Futuristic term)the monthly amount you use to call rent and now it will be called mortgage payment, this last term which carries that fine smell of growing money called building of equity and thuseliminating this variable of uncertainty from the equation.
With today's low historical mortgage rates hovering below 4% and with so many loan and incentive programs to help you purchase your home. In the DFW area we have seen home values and rent values rise higher and higher year after year.
There are programs to help you find fixer uppers and include the needed repairs in your loan, programs of rent-to-ownwhere you can select a home of your liking and lease for the first 1-3 years and then purchase it. Programs for foreign investors and many many more.
Some people choose to rent and that is understandable, but for the people out there that feel you are forced to rent, please step out of the box and consider other options. Most of you will qualify and take the rewarding path of home ownership. Take advantage of the different FHA, VA, USDA and conventional programs and live the dream and have that peace of mind that home ownership brings to you.
Keep in mind that The National Association of Realtors launched a campaign to protect the consumer, "We want today’s consumers to understand that having a REALTOR® at their side is their competitive advantage in the real estate transaction.”
I am passionate about quality and impeccable service. I am passionate about
beautiful properties. You can rely on my knowledge and passion in achieving the
best results for my clients. I am passionate about my profession. And, most of
all, I am passionate about success.
Real Estate is my passion.
Author:Miguel Umana Phone: 214 250 3279 Dated: April 6th 2016 Views: 1,475 About Miguel: Miguel is known for providing a concierge-style of service, he is committed to client satisfaction. ...