The Time Is Right To Lock In Today's Home Prices
This short video makes a very good point, regarding home ownership. "Time in the market, beats trying to time the market". Assuming housing prices will be going up consistently over the next five years, the growth in home equity is impressive. This video uses $400,000 as a home price starting point. Here in Parker, Colorado and the Denver Metro Area, I think $600,000 plus would be a better example.
None of us know when or if mortgage interest rates will come down. And, if they do, we don't know by how much. But, we're pretty certain that home prices will continue to rise. So, waiting to purchase a home, in most cases, is a mistake. It's time to stop the bleeding. Lock in today's prices. If rates fall in the future, you can always refinance.
We, at the Parker Colorado Home Center in Parker, Colorado are here to help you with all of your real estate needs. Give us a call at 720-220-5058 or 303-981-7339.