Owning your own home has long been part of the American dream. It's a goal most of us rightfully aspire to, and one that can often help build wealth. Indeed, 64% of Americans own a home today. If'
Spring Into A New Home
Dated: May 8 2015
"2015 is the year of housing opportunity..."
-Julian Castro, Secretary of HUD
This year will be even better than 2014! Spring is historically a time when the market picks up in real estate, leading to an even hotter market in the summer. Yet it looks as though sales didn't slow down this past winter. They have only continued to increase. The National Association of Realtors reported a steady increase in home sales of 6.1% through March, and forecasts for the spring and summer are positive due to the strong economy. Check out what the NAR Chief Economist has to say: http://www.realtor.org/news-releases/2015/04/existing-home-sales-spike-in-march
This is a great time for investing in a new home- an upgrade, downsize, new construction, or rental property. This market is not a buyer or seller market, its a HOT market for everyone. A few financial reasons to buy now are increased wages and historically low percentages of money spent monthly on housing. Don' forget interest rates are still historically low. Need a few personal motivators for purchasing now? Buying a home in a good market means you can upgrade from your existing home and possibly make a good profit when you sell.
Email me at mailto:Kristen@ivyleaguerealtytexas.com to discuss opportunities for purchasing a home in North Texas.
Texas Real Estate Consumer Protection Notice