Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of.
In most areas, prices are still below those of a few years ago. Also, interest rates are still near 4%. However, sellers should realize that waiting to make the move while mortgage rates are increasing probably doesn’t make sense.
As rates increase, the price of the house you can buy will decrease. Here is a chart detailing this point:
Author:Sherry Cabrera Phone: 214-454-6969 Dated: January 20th 2015 Views: 774 About Sherry: Sherry was raised in Mississippi and moved to Dallas 16 years ago with her daughter. Prior to movin...
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"Shannon & Howard were extremely patient as we searched for a new home. They listened and guided us through the process. we ended up with a home 600 sqft bigger than we thought we could afford. This was supposed to be a 5-10 year home, but because of their excellent help, we are in our dream home at our dream price "