Thinking about selling your home in Orlando area?
Call the Scott Team at La Rosa Realty, they get the job done!
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Wednesday, June 11, 2014
Thursday, February 27, 2014
Want to Sell Your Home this year?
Want to Sell Your Home? The Spring Selling Season May Be Coming Early This Year
If you're considering selling your home in 2014, now is the time to get ready. Not next month, not next week, not tomorrow. Right now.
Why? Because buyers are already on the hunt
Mortgage rates have declined over the past month and are currently trending back toward 4% for traditionally structured, well qualified loans. This is a significant development for buyers, as interest rates are a huge driver of home affordability. For example, a traditional 30 year, $150,000 mortgage at 4.5% would have a monthly payment of $760. If rates declined to 4.25%, the payment would change to $738.
For borrowers on the edge of qualifying for a mortgage, that $22 per month savings could make the difference between getting a loan approval or not. Over the life of the loan, that 0.25% difference saves the borrower $7,963!
For buyers, the time is now!Buy low and sell high, right? For buyers, the time to buy low is quickly ending, creating a sense of urgency to buy now before prices rise too high or interest rates return to more historically normal levels.
According to CoreLogic and reported by Realtor.org, home prices in 2013 saw the largest percentage increase across the board since 2005, north of 11% as of December. The appreciation was most pronounced in the states that were hit hardest in the real estate collapse: Nevada rose 23.9%, California 19.7%, and Michigan 14% rounding out the top three.
Now is the time to sell! Call the Team Scott at LaRosa Realty, they know how to stage your home for quick sale. contact us at 407-201-6004 or send text to 407-460-1402
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