The fall
market is here and we have been experiencing plenty
of activity in the Boston real
estate market. While the majority of the country is experiencing a shortage
of homes for sale, the northeast has an adequate amount of homes on the market
and has seen a monthly
increase in closings in August. There is no time better than the present to
buy a home. If you are debating moving up to
your dream Boston
home, you may not want to delay. Here are three great reasons to consider
buying your dream home now, instead of waiting.
- Prices Will Continue to Rise
Home values will continue to appreciate for years. Waiting for your current home’s value to increase before selling could price you out of your new home if you aren’t careful. CoreLogic predicts that prices will continue to increase at a rate of 5.4% over the next year. - Mortgage Interest Rates Remain at Historic LowsInterest rates have remained at or below 3.5% now for weeks and are substantially lower than the rate previous generations paid when getting a mortgage.
- It’s Time to Move On with Your Life
Why do you want to move in the first place? Have you always wanted to live in a certain neighborhood such as Fenway or Beacon Hill? Or maybe you would like to be closer to your family? Maybe now is the time to buy.
If the right thing for you and your family is to
move up to the home of your dreams this year, buying sooner rather than later
could lead to substantial savings. Selling your current Boston home before you buy your dream home can be quite an adventure, you can benefit from the help of a real
estate professional. When you are ready, contact a Boston
real estate agent.
Lucas Garofalo
Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com
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