Buyer and Mortgage Advice Paul Rosso's Real Estate Updates Slider - New 

Should I Buy Now Or Wait Until Next Year?

Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 4.8% by next year. CoreLogic predicts home prices to appreciate by 5.3% over the next 12 months. If you are ready and willing to buy your dream home, find out if you are able to!

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5 Reasons To Sell Now

As the temperature drops, many buyers still need to purchase their dream home.  The winter is a great time to list your home for sale.  Here are five reasons supporting that… Demand is Strong Foot traffic refers to the number of people out actually physically looking at homes right now.  The latest foot traffic numbers show that there are more prospective purchasers currently looking at homes than last year’s winters buyers’ market.  These buyers are ready, wiling and able to purchase…and are in the market right now! Take advantage of…

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Four Reasons To Buy Your Home Now!

Here are four great reasons to consider buying a home today instead of waiting Prices Will Continue to Rise The Home Price Expectation Survey polls a distinguished panel of over 100 economist, investment strategists, and housing market analysts.  Their most recent report projects appreciation in home values over the next five years to be between 11.7% (most pessimistic) and 27.5% (most optimistic). The bottom in home prices has come and gone.  Home values will continue to appreciate for years.  Waiting no longer makes sense. Mortgage Interest Rates Are Projected to…

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Freddie Mac’s New 3% Down Program

Today, Freddie Mac is scheduled to start buying mortgages with down payments of only three percent – the first time down payments have been this low on Freddie Mac loans in nearly five years. The program is called Freddie Mac Home Possible AdvantageSM. In a recent Executive Perspectives, Dave Lowman EVP, Single-Family Business Freddie Mac, explained the potential impact this program will have on the housing market: “There’s a new reason Realtors and lenders may expect more qualified borrowers at the closing table during this spring’s home buying season. In…

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Half of American Households Plan To Move

A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness to move. Here are the top 5 reasons: Safer Neighborhood – 30% Closer to Family – 27% Change of Climate – 26% Closer to Work – 25% For a New Job – 23% While the majority of Americans (74%) will move within their home state, for the 26% planning to call a…

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