Feb 18 2017 29351 1

Dated: 02/18/2017

Views: 264

Now is the Time to Buy or Move Up

Why?


Low Interest Rates:  For every 1% you save in interest, you can buy 25,000 more home, for the same mortgage payment.  Interest rates are the lowest that they have been in 30 years.


Low Home Prices:  Home prices are lower than when the bubble burst, but are on the rise.  Short sales, foreclosures, and the economy are holding prices down, but conditions will

 change.  Be positioned to ride the upswing. 


Tax Benefits of Owing vs. Renting:  When you own, you can write off all of the interest you pay each month resulting in a larger tax refund or tax credit.


Stop Throwing Money Away:  If you spend $10,000 in rent , it is gone!  If you pay $10,000 in mortgage payments, you gain equity that you can recoup when you sell the property.


Low interest rates and a buyers market for Luxury homes.   This is the best time in 40 years to move up.  Interest rates are still low and homes in the 200 to 400 thousand price are 

selling fast.  Luxury homes are selling slower, giving the move the move up buyer a great opportunity. 

http://www.realtor.com/news/trends/misleading-math-rent-vs-buy/?iid=rdc_news_hp_carousel_theLatest


Steve Dunbar

EXIT Realty DTC

383 Inverness Pkwy. Suite 140

Englewood, CO 80112

Office 303-790-3200

303-246-0377

Want to Advertise on this Site?

Latest Blog Posts

Millennials Reasons To Buy

Why do people buy a home?  Are the motivations the same for families with small children vs. retirees vs. millennials.Know your motivation.  This will help you stay on track with

Read More

Highlands Ranch Stunner On The Market

10259 Charissglen Circle in Highlands Ranch Listed at $750,0005 Bedroom / 5 Bathroom / 3 Car GarageNeeds New OwnersRare opportunity in popular Kentley Hills! Unique Brookside model with dual

Read More

Penthouse Condo In Hot Denver Neighborhood

Newly Listed Penthouse Condo - $379,9812351 Federal Boulevard #402This 2 bedroom, 1 bathroom condo with 1204 square feet will have you right in the heart of the action.  You'll love the endless

Read More