Deb Tebbs Group

Cascade Sotheby's International Realty

Buyers Are Starting to Feel the Urge From Price Appreciation

It’s no secret that home prices and mortgage rates are still on the low end. A 30 year fixed interest rate is around 3.5%. However, it’s expect to jump to over 4%. Home prices all across the United States are rising as well. What does this mean for buyers? It’s starting to create urgency! Why wait to buy your next home and risk paying the bank or homeowner more money? Realtor.org has done a piece on this topic. It’s worth a read:

http://realtormag.realtor.org/daily-news/2013/03/26/buyers-feel-urgency-price-appreciation

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