Posted by: phillipsre | August 8, 2014

2014 is a Great Year to Buy a Home

SOLDIf you have been considering buying a home, the folks at The Motley Fool, the online investment site, has some great information that says 2014 is the year to buy. This article, including some very helpful charts and graphs outlines how this year is the year to buy. When purchasing a home, unless you are paying for the home in cash, you need to consider mortgage and interest rates, which will adjust the price of your home. Interest rates today are around 4.13% , which is about half the cost of rates in the 1970’s, with rates this low purchasing a home is a lot more affordable. Read more about it here.

If you are in the market to buy and would like to discuss your options with a professional real estate agent, click here to get more information or set up an appointment with an agent at Phillips Real Estate Services.


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