With Home Prices in Morris County down from their highs, and Mortgage Rates Evenly Matched, Now’s the Perfect Time to Make Your Move and Buy your new home.
If you’ve been waiting to buy a home, it’s time to get into the game. You can take advantage of 30-year fixed rate mortgages that are still very low by historical standards.
Instead if you wait till the economy recovers then home prices might start rising again but more importantly Mortgage Rates will rise as the economy recovers. This might increase the cost of owning a home over the long run.
Plus, right now you have a greater choice of homes and more ability to make your dream home affordable. With inventory building, mortgage rates still historically low, and sellers anxious to move, now is a great time to buy.
Remember risks always seem higher when all the headlines are negative, but that is when Savvy Buyers should be thinking of Real Estate as a long term investment and make their move.
Remember, any offer is a good offer - and yours could lead to a new home!
Smitha Ramchandani is a licensed real estate professional at Weichert Realtors' Morristown West, New Jersey office. She is a Certified Buyer Specialist, a Home Marketing Expert and also an expert in buying and selling of townhouses and condominiums. You can reach Smitha at: 973-252-8245 (Res.) or online at: http://www.Morris-homes.com/, http://www.thetownhouseexpert.com/ http://www.MorrisCountyHomeFinder.com/, http://www.thetownhomeexpert.com/, http://www.morriscountytownhomes.com/ , http://www.Morris-Townhomes.com/, http://www.BerkshireHillsTownhomes.com, http://www.RoseArborLiving.com & http://www.libertygreens.com/.
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