There are three common misconceptions consumers have about the real estate market right now:

(1) people can’t get a loan,
(2) affordability is out of reach, and
(3) consumers should wait for rates to go lower.

The truth of the matter, however, is that money is available for those who meet basic requirements, affordability today is better than it has been in several years, and interest rates are historically low. There is also a load of inventory – from new homes to existing homes to foreclosures. This all adds up to the home-buying opportunity of a lifetime! In the not-to-distant past, sellers controlled the market, but we’re now in a buyer’s market – a great opportunity for buyers to negotiate a favorable price and other concessions from the seller. If you’re qualified to buy a home now, the purchase makes sense for your situation, and you’re prepared to live in that home for at least five years, it’s a good time to find the property of your dreams and put a stake in the homeownership ground. Call me today and I will help you locate the perfect property, and guide you through the process of making it yours!

Mary A. Jacob