The Market is Starting to Turn: You Better not Wait Much Longer!

For the last few years we have weathered some of the worst storms the housing market has ever seen.  The interest rate has been lowered and many government programs have been designed around the idea of resuscitating the new home business.  The problem is some potential home buyers have been lackadaisical in responding to this unique home buying opportunity created by slumping sales.  Low interest rates can drastically change your monthly mortgage payment and these low rates will be gone as soon as the housing market recovers. Someday, in the not too distant future, we will have these dark economic times in our rear view mirror and we will remember 2013 as the year  to have bought a house.

On the front page of the Sunday edition of the Asheville Citizen Times, the headline read “Local Home Sales Surge” reporting that home sales increased 21% in the first quarter of 2013. Let’s let that sink in for a moment. Home sales INCREASED 21%.  Those are basically words we have all been wanting to hear for a really long time.  Houses are coming off of the market and now we can breathe a little easier as all signs are starting to point to good times ahead for home buyers but they won’t be for long.

The interest rates which sit at around 3.5% percent are historically low but they are this low for a reason.  These rates are the only good thing about this comatose housing market.  They are only there to bring it back to life and once it does they will go up and so will the cost of your new home.  You better hurry.  The sleeping giant is waking up.

If you would like to know more about how you can buy a new Windsor Aughtry home please contact us using the e-mail form below.