Motivated Denver Home Buyers Are Here!
It's been an exciting few weeks, and things are looking even brighter. Motivated Denver Home Buyers Are Here!
This week, believe it or not, the 30-Year Fixed Mortgage Rate jumped above 5%... This is still a great rate, historically speaking, but it's also a strong indication of things to come. Many analysts didn't expect to be above 5% until 2011. Since there's still time to get in on historically low interest rates, a lot of my Buyers that have been on the sidelines are getting motivated.
If you're a Seller, you can likely expect a lot more action in the next month or two as compared to the typical Dec-Jan-Feb activity. With less competition during this time of year and improving prices, this might be a great time to sell your home and still be able to get a great deal on your next home, while taking advantage of the low interest rates! Who knows where interest rates will be in April?
Motivated Denver Home Buyers are here to take advantage of the opportunity to get the best value on their next home and lock-in their interest rates at the best level they can. If you or someone you know have been waiting for the "bottom" of the market, I believe that time has passed. But you still have time to get into the market well below its former peak.
Are you a Motivated Denver Home Buyer? Contact Denver/Littleton Realtor John Basila for a complimentary consultation on the best ways to achieve your real estate goals for the coming year.