Top 5 Things to Know When Preparing to Sell or Buy in 2014

It's hard to believe that November is here and there are only 2 more months left in the year. The questions we've been hearing over and over is ... should we buy or sell this year?

For the first time in years, rising home prices are boosting sellers' confidence. At the same time, interest rates remain amazingly low, helping to boost potential homebuyer's confidence. Millions of Americans will decide in 2014 to put their homes on the market and/or shop for new homes, and need to understand the current houing market conditions as they move closer to buyer or selling homes.

The following "Top 5 things to know when preparing to sell or buy a home in 2014" should be considered by anyone thinking about a home sale or purchase:

Mortgage Rates as of 10/31/14 

                                                                            

Conv.- 3.875% (Up to 417k) 

FHA  - 3.5 %  

VA    -  3.5 %  

Jumbo - 3.75 %  
(from 417k and up to jumbo loan amounts) 

                                                                                             Rates courtesy of Bankrate.com

WOW!! Rates are under 4% again. VERY exciting! It's time to take advantage of this year end opportunity. Let us know if you, or someone you know,
is in the market to buy or sell a home. We'd love to help!