If you are still planning to buy a home, don’t wait around!
Several factors are in place that tilt home affordability in your favor, but they won't last.
Home Prices - The Real Estate market has already begun a
steady improvement, so what is listed at $300k this year may be listed at $315k
next year. Last year already showed a great increase over the past 6 years, and
this year will likely help to boost home values even more. Granted, part of the
increase can be attributed to the number of foreclosed and short sale homes
dropping, but the fact remains that buyers are still willing to pay more than
in previous years.
Mortgage Rates - Interest rates have stayed low, meaning
you can afford more home, OR pay possibly hundreds of dollars less per month on
the same home type than if you wait a year or more to buy (based on home value
and interest rate increases). And at less than half the ‘normal’ interest rate,
anything you buy will offer substantially lower monthly payments than you are
likely to see again anytime soon. Even a 1% increase in mortgage rates can drop
your purchasing power by 10.75%. For example, if you can afford a $600k home at
4.5% interest, you would only be able to afford a $535k home at 5.5% interest.*
The low current interest rates help buyers AND sellers because you will be able
to afford more home for your money and sellers will have more qualified buyers
for their home.
About Anderson Homes & Land / Keller Williams Puget Sound
For Our Puget Sound Home BUYERS! – Our goal is making sure your Puget Sound real estate buying experience is extraordinarily successful! We will provide you with exceptional service through every step of your home buying process. Let's get started!
From this site you can Search your favorite Puget Sound listings from the convenience of your home. And You will be the first to get new listings that match your criteria! Our "For Buyers" Section is your source for the latest tips, real estate checklists and free reports. Take advantage of our 26+ Years of NW real estate experience as we guide you through your real estate transaction. We can provide you with specific Community information and refer you to some of the top professionals in the lending industry. We get the job done for you and are responsive to all your Puget Sound real estate needs. We will provide you with prompt service, communication, personal guidance and professional competence from contract to closing!
Financial advice – Our lenders are seasoned professionals and offer you guidance tailor made for your individual mortgage solutions.
SELLERS! - As Puget Sound real estate specialists, we know what it takes to sell your home. We bring expert knowledge, valuable experience blended with the latest technology, comprehensive pricing strategies, a well-defined marketing plan, preparation & Staging consultation, vast exposure to your listing, networking with industry professionals, enthusiasm and the satisfaction of a job well done. Our "For Sellers" Section is Your source for the latest tips, checklists and free reports Personal Consultation - 26+ Years experience and knowledge you can rely on. 30 Years of design and Staging experience for sellers. Relocating - Everything you need to know about the neighborhood and a community’s amenities. If you are planning to put your Puget Sound home on the market, please browse our blogs and our website for valuable information on preparing your home for sale, pricing your home right, marketing it effectively and the home inspection processes.
We are passionate about real estate, love the Puget Sound area and stay on top of the latest trends so that we can better serve our clients.
Buying & Selling by Design, your Success is our Success!