REPORTING LIVE FROM WAYNESVILLE, NORTH CAROLINA-
THE CONFUSION BROUGHT ON BY AN UNCERTAIN ECONOMY AND FLUCTUATIONS IN THE HOUSING MARKET HAS CAUSED A LOT OF CONCERN IN THE PAST MONTHS, AND THE QUESTIONS OF WHEN TO BUY PLAGUES A LOT OF WOULD-BE HOME BUYERS. THE PROBLEM IS THAT MANY PEOPLE ARE TOO CLOSE TO THE PROVERBIAL TREES TO GET A CLEAR LOOK AT THE FOREST. WHEN THEY BACK UP A BIT AND GAIN A BETTER VIEW, THE ANSWER IS OBVIOUS. THE BEST TIME TO BUY IS NOW. AS THEY HAVE FOR MANY YEARS THE ALLURE OF WESTERN NORTH CAROLINA REMAINS EXTREMELY FAVORABLE. IN FACT RATES FOR 30-YEAR, FIXED RATE MORTGAGES ARE NEAR 30 YEAR LOWS. AND, WHILE NO ONE CAN PREDICT THE EXACT MOMENT WHEN INTEREST RATES WILL BOTTOM OUT, GAMBLING ON THAT CAN END UP BEING A COSTLY MISTAKE. ADD TO THAT THE FACT THAT HOME PRICES DON'T NECESSARILY MOVE IN UNISON WITH INTEREST RATES AND YOU INCREASE YOUR CHANCE OF LOSING MONEY BY WAITING. FOR EXAMPLE, IF YOU DECIDE TO TAKE A CHANCE AND WAIT TO PURCHASE A HOME, AND THE PRICE FELL BY $10,000, YOU COULD STILL LOSE MONEY. HOW? IF INTEREST RATES WERE TO MOVE UP BY ONLY HALF A POINT WHILE YOU WERE WAITING, THE SAVINGS ON THE REDUCED PRICE WOULD BE MORE THAN OFFSET BY THE TOTAL LOAN AMOUNT. AND, IF YOU'RE RELUCTANT TO BUY NOW BECAUSE YOU'RE CONCERNED THAT YOU MAY HAVE TROUBLE SELLING YOUR CURRENT HOME, OR THAT YOU MAY NOT GET THE BEST PRICE FOR IT, YOU'LL BE HAPPY TO KNOW THAT THE AVERAGE TIME A HOME STAYS ON THE MARKER IN THE WESTERN NORTH CAROLINA AREA IS ONLY A FEW WEEKS LONGER THAN IT WOULD HAVE BEEN A YEAR AGO- AND APPRECIATION RATES ARE CONTINUING TO RISE. THE BOTTOM LINE IS- RIGHT NOW IS THE SMARTEST AND SAFEST TIME TO BUY. DON'T GAMBLE WITH YOUR FUTURE. TAKE ADVANTAGE OF TODAY'S LOW INTEREST RATES AND COMPETITIVE HOME PRICES- THEY WON'T BE AROUND LONG.
CALL OR EMAIL ME WITH ANY QUESTIONS ABOUT OUR BEAUTIFUL MOUNTAINS
SEE YOU IN THE MOUNTAINS OF WESTERN NORTH CAROLINA!!!!
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