Prices are increasing. However, because mortgage rates are still
near long-term lows, and because prices fell so much after the housing bubble
burst and compared to rents even after recent price increases, buying is still
much cheaper than renting. Rates are likely to keep rising, but many
people are wondering including myself to see when buying would be more
expensive than renting…
As long as the mortgage rates are below 10.5% buying is still
cheaper than renting. Yes you read it right; Mortgage rates would have to rise a
huge amount to 10.5% in order for the renters to be saving money and not buy.
Just because we are sitting on rates like 4% and up does not mean the rates cannot
increase up to 10%. In 1980s the rates were this high, but have been
consistently below 10.5% since May 1990.
So if you are waiting to buy or sell this is the time to do so.
Pick up that phone and call Jemi Khan @ JP and Associates realtors to get your
Author:Jemi Khan Phone: 214-449-2530 Dated: June 20th 2013 Views: 2,550 About Jemi:
Dallas, Texas has always been Jemi’s home; she was born in Bangladesh but raised in the United...
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
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Office Number: 1 (800) 683-5651
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""Michael was extremely knowledgeable about real estate. He listened to our want and needs. We were able to land an offer on our home in less than a week and move into a new home shortly after. This market is tough but Michael is diligent and works hard so everything seems easy.""