04 Jul Why NOW is the best time to buy a LUXURY home!
Every individual has their own particular set of factors that can motivate them to buy a luxury home. At any time, there will always be people in need of a luxurious home regardless of the economic conditions and other market variables.
The demand for luxury homes among young people is driven by the increase in disposable income and the rise in living standards. As a successful young person, you want more than just four walls and a parking spot to call home. You need a luxury house that will raise your social status, security, and comfort at the same time. Let us show you why NOW is the right time for a young adult to buy a luxury house.
Interest rates are low!
Current house interest rates are below four percent, a perfect time to acquire a luxury home. The lower prices make it affordable for you to purchase your dream house and give added value to your budget. Buying a home while interest rates are low means more savings for you!
Availability of cheaper mortgage insurance premiums makes it a great idea to buy a luxury house now. You should purchase a home when the mortgage odds are in your favor instead of waiting until later when pricing and interest rates may rise. Working with a specialized real estate agent can help you get the best possible deal on a luxury home.
Deciding on the right time to buy a house is as important as planning the right moment to plant a tree. The quicker you plant the tree, the bigger it grows. In the housing market, the faster you become a luxury homeowner, the sooner you will be enjoying all of the lavish benefits! Call Linda Rea today! 248.709.3786