Join us for a wine and cheese open house this Friday 3/22 from 5 to 7 pm at this stunning new listing:4808 Lytham Court$660,000 Single Family 4 Beds, 3 Baths, 1 Half Baths, 4,252 Sqr

Dated: January 14 2019
Views: 309
Here are four great reasons to consider buying a home today instead of waiting.
CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year.
The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have hovered around 4.8%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase in 2019.
An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.
There are some renters who have not yet purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.
As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person building that equity.
Are you ready to put your housing cost to work for you?
The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.
But what if they weren’t? Would you wait?
Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.
Content provided by @keepingcurrentmatters.com
Join us for a wine and cheese open house this Friday 3/22 from 5 to 7 pm at this stunning new listing:4808 Lytham Court$660,000 Single Family 4 Beds, 3 Baths, 1 Half Baths, 4,252 Sqr
As the snow starts to melt, revealing the brightly colored flowers of crocus, and robins bop merrily around the yard, another cycle of the real estate market begins. If you’re considering listing
GORGEOUS house on a GORGEOUS lot in Lothian! Contact us for a private tour and it will be live on FRIDAY 3/15!Jennifer 301-370-9789Katie 443-623
BUYER FINANCING FELL THROUGH- their loss is now your gain on this absolutely gorgeous home in the Old South Country Club community!616 Traveller Court$675,000 Single Family 4 Beds, 4,