|Topics for Home Owners, Buyers & Sellers|
Thinking about buying? Wondering what pushes others to jump off the fence and buy now? Here is some insight into the top 3 reasons that impact a buyer’s sense of urgency:
- Excellent Market Conditions. Interest rates are at record lows and home prices are bouncing along what experts believe to be the bottom – there has never been a more affordable time to buy a home. With some local markets slipping into a seller’s market and reports of more following, the chance to cash in on this historic time may be narrowing.
- Having the Freedom to Move. First time homebuyers often wait for their lease to expire, not realizing that buying sooner is an option. Repeat buyers wait to sell their house when leasing maybe an option, giving them freedom to move up sooner.
- A Major Life Event. Often a major milestone or development spurs on the need to purchase at a specific time. Getting married and having children are two of the top events creating the need to buy now.