Not sure whether 2014 is the year for you and your family to make a move? Here are three housing trends you need to know about:
Mortgage rates are still low. Today’s low mortgage rates remain a once-in-a-generation opportunity. Rates are expected to remain low throughout the summer, stretching your home buying dollars.
Better inventories. Last year, the inventory of homes for sale in many areas was so tight that buyers in some places had few choices. This year, home buyers have more options.
Less craziness. More than one offer was the norm in many markets nationwide last year. In some cases, buyers were engaging in bidding wars. Things have settled down a bit in many areas, making for a less-crazy home buying experience.
Have questions about purchasing a home this year? Give us a call! We’re happy to help.