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4 Reasons This Spring Is a Great Time to Buy a Home

Thursday, March 28, 2019   /   by Andy Mandel

4 Reasons This Spring Is a Great Time to Buy a Home

The market is shifting as we enter the spring of 2019, but it’s still an excellent time for you to buy a home, and there are four reasons why:


1. There’s more inventory on the market. If you’ve been previously dissuaded from buying due to so few homes being available, right now you have many more to choose from.


2. Interest rates have dipped. In fact, they’ve dropped roughly 0.5% since their October/November 2018 peak. Not only is it cheaper to buy, but you can also get a little more bang for your buck.


3. We’re closer to a buyer’s market now than we’ve been in the last eight or nine years. Although we’re still technically in a seller’s market, you can negotiate a better deal on any home you choose to purchase.


4. You’re paying a mortgage either way. Whether you rent or buy, you’re paying someone’s mortgage, so why not pay your own? When you buy a home, you start building equity and increasing your net worth, and you can use that equity to make other important life purchases.


If you want to get started now on your home buying journey or you have any other questions about our market, don’t hesitate to reach out to me. I’d be happy to help you.

 
The Mandel Team at Re/Max
Andy Mandell
9615 Westview Drive
Coral Springs, FL 33076
954-610-0563

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All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.