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Saturday, July 21, 2012

Move Up Buyers…Is it the right time?

The numbers don't lie.  The inventory is down.  Prices are rising.

Over the past several years many have been sitting on the fence waiting for the real estate market to bottom out.  The problem is one never knows the bottom has been reached until the climb has begun.

So has the market bottomed out yet?  You decide for yourself.

Homeowners who are considering moving up to a larger home should think seriously about selling and buying that larger home now before the prices rise more.

If you wait to get more for your current home you will be paying more for the "move up" home.   The increased price likely means a higher mortgage payment for years to come.  An increase in interest rates will mean higher payments later (and less purchasing power).

Get off the fence now.  Interest rates are very low.  Prices are very attractive.

Besides, sitting on the fence may result in splinters and the pain will become evident in a couple of years.

If you are ready to sell and buy a new home in Viera, Florida call me at 321-693-3850 or email me if I can assist in any way.

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