Marlene Dietrich’s Daily Inspiration
“Wisdom is knowing the right path to take…integrity is taking it!”
We all have choices in life but the ones you chose should be based on INTEGRITY.
**Marlene Dietrich Real Estate**
According to sources, the Feds may hike Rates in 2015, not because of any fear of inflation or fears but just because they want to test the waters. They want to raise because they are expected of them.
It has also been predicted that oil prices will go down even further. If it goes to $75 a barrel this would suggest a near Zero inflation in the economy.
With both of these indicators and a number of other important facts, there may be a higher interest rate to buy your home with next year. Even if the homes go down in price, the fact that the interest rate is higher you will not be able to buy the same home for less money monthly unless you are an all cash buyer.
Take advantage of the Holiday Real Estate Market slowdown and negotiate a good price, capture a great interest rate that has just dropped again, and write off the non recuring closing costs on the 2014 tax year so that you can enjoy your new home NOW.
Contact us anytime at 949-400-1021 or MarleneDietrich@Realtor.com
According to Forbes.com:
Usually sellers are doubtful that the end of the year will be the best time to sell, since most people are busy with Thanksgiving, Christmas, Hannukah and bad weather. However, due to the end of the year and a rush for tax purposes, etc… homes have been selling and closing more quickly.
More serious buyers will look at the end of the year as they believe it is an opportune time. This makes it an ideal time for sellers to put their home on the market.
Buyers may take a last minute look at their tax status and want to write off points, interest, property taxes and all non recuring closing cost this year. Some buyers face a capital gains tax and want to offset with another purchase required within 180 days.
With rates so low and holding, there are lots of opportunities to buy your dream home this year.
Contact us for any assistance you may need