Should I Buy? Rates Are Declining Faster Than Expected
Posted by Madison Clayton on
At one point or another, you've probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.” In the current real estate market, this saying rings especially true. While you may have been holding out for prices to drop or mortgage rates to fall further, the reality is that waiting could cost you in the long run.
If you're considering purchasing a luxury shore home in areas like Point Pleasant Beach, Brielle, Bay Head, or Mantoloking, the time to act is now. Here’s why.
Home Prices Are Still Rising — But at a More Sustainable Pace
Nationally, home values are still on the rise, and the trend is expected to continue for years to come. According to the Home Price Expectations Survey from Fannie Mae, home…
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