Tuesday, June 25, 2013
Happy Fourth of July All!
It has been such a busy real estate market that I have had no time to add anything here. The best real estate market in about 7 or 8 years! I want to thank the many buyers and sellers who are currently working with me for participating in the best year I have ever experienced in 29 years in real estate! And to those who referred many of these friends and family to me this year and over the past few years, I also want to extend many thanks and my most humble appreciation for your trust in me. For those still looking and thinking about moving you have probably heard that rates have started to rise. This is true but I would like to mention that everything is relative. Your buying power is greater at lower interest rates and for those who have bought with interest rates below 4%, isn't it great! For those who are facing possibly higher rates please bear in mind as I have told so many young people recently, my first purchase was a VA mortgage at 8% and we were thrilled! It happened as a sudden drop below 8.5% the week we bought in a market where most everyone else had double digit interest rates. It is still a fabulous way to have a stake in your home and your life. For those who prefer to rent or must rent for other reasons, start putting a little away every month in the fund to start saving for your down-payment. Owning is so much better than renting if you want more say in how and where you live. It isn't for everybody, but if you or anyone you know would like to discuss the merits of owning over renting, let's get coffee! Have a safe and Happy Fourth everyone!
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