The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

-


Some Highlights:

•Interest rates are projected to increase steadily heading into 2019.
•The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.
•Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!

Comments

Post a Comment

Popular posts from this blog

Develop an Emotional Connection

-
A great property description gives buyers an emotional connection to your home by evoking positive responses and adding additional interest. With the help of my nationally acclaimed marketing firm, I assure your home's description will communicate the time, love, effort, and resources you invested into it.
Read more

Get Ready for Smaller, More Affordable Homes

-
Image
Have you been trying to   buy a home , but higher   mortgage rates   and   home prices   are limiting your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at   Zonda , has to   say   – smaller, more affordable homes are on the way: “Buyers should expect that over the next 12 to 24 months  there will be a notable increase in the number of entry-level homes available .” In some ways,  smaller homes  are already here. When the pandemic hit, the meaning of home changed. People needed the space their home provided not only as a place to live, but as a place to work, go to school, exercise, and more. Those who had that space were more likely to keep it. And those that didn’t were in a position where they were trying to sell their smaller house to move up to a larger one. That meant the homes coming to the market during the pandemic were smaller than those on the market before the pandemic – and that trend continues today ( see graph below ): This graph also  s
Read more

September 2023 San Diego Calendar of Events

-
Image
  Scroll to the bottom for information about the Clothing Drive I'm sponsoring. San Diego's homeless will be facing winter soon enough, so I am doing something to support them. Join me!    Even with the heat San Diego is outside having fun! Because, this is paradise! Don't miss the Surf Dog Surf-a-thon, the 51st Annual Barona Pow-wow, and La Mesa's popular Octoberfest (I know! Already!)   If you know anyone who might be interested in receiving this event calendar every month, please have them sign up at this  link.   September - Ponder this,  “All the months are crude experiments, out of which the perfect September is made.” — Virginia Woolf. This quote is quite magical - I love September, summer isn't really gone yet, but new beginnings are all around, the harvest, and back-to-school are full of possibilities and promise.    Remember, I am always here for my clients and their friends and family.   Hope Leitner, Realtor®, CRS    
Read more