Top Reasons To Buy A Home Now -- Before Winter

By: Fainting Goat-Madison's Website design company
 
MADISON, Wis. - Oct. 10, 2014 - PRLog -- Keeping Current Matters, Blog Digest, 4 Reasons to Buy Before Winter, by the KCM Crew,September 8, 2014

        1. The bottom in home prices has come and gone. Prices will continue to rise:
The Home Price Expectation Survey polls a distinguished panel of over          100 economists, investment strategists, and housing market analysts.          Their most recent report released recently projects appreciation in home          values over the next five years to be between 11.2% (most pessimistic)          and 27.8% (most optimistic).

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
2. Mortgage interest rates on the rise and projected to increase:
The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison projecting that rates will be up almost a full percentage point by the end of next year. An increase in rates will impact your monthly mortgage payment. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.
3. Either way you are paying a mortgage:
As a recent paper from the Joint Center for Housing Studies at Harvard University explains: "Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That's yet another reason owning often does—as Americans intuit—end up making more financial sense than renting."
4. Bottom line:
If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

The See Team is the premiere real estate team in the greater Madison and Middleton Wisconsin area. We have over 60 years of combined experience in real estate, and we know the towns where you want to buy a new home or sell your home: Madison, Middleton, Verona, Sun Prairie, Waunakee, Fitchburg, Spring Green, Oregon, or any other place in South Central Wisconsin.

If you're relocating to the Madison - Middleton Wisconsin area, we'll tell you about our neighborhoods, schools and best places to live. We've lived here all our lives and raise our families here - we'll share with you all we know and make looking for your new home in Dane county a pleasure.

If you're looking for the perfect house, home, condo, town home or land for sale in the Madison / Middleton real estate area, we're your team. We also help clients locate commercial property to rent or own.

SEE the difference.

http://www.seemadisonrealty.com

Relocating to Madison - Middleton, Dane County:

http://www.seemadisonrealty.com/aboutmadison.html

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Source:Fainting Goat-Madison's Website design company
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Tags:Home Buying, Homes For Sale, Madison/middleton Homes, southern Wisconsin homes, Home Mortgage
Industry:Real Estate
Location:Madison - Wisconsin - United States
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