If you are considering a Central Ohio home purchase, this fall is the time to buy! As your Exclusive Buyer’s Agency, allow us to explain why you may want to buy now rather than waiting.
Home Prices – CoreLogic’s latest Home Price Index shows that home prices have increased 6.7 percent over the last 10 months and are expected to continue increasing at a rate of 5.0 percent over the next year. This means that the sooner you buy a Central Ohio home, the more you could save.
Mortgage Rates – Same is true of mortgage rates! Freddie Mac’s Primary Mortgage Market Survey shows that while mortgage interest rates have remained around 4 percent for a while now, most experts predict that they will increase over the next 12 months. No one knows for sure when rates will go up, but if you buy now, you know you’re historically getting a low rate!
Mortgage – If you’re renting right now, you’re still paying a mortgage. You’re paying your landlord’s mortgage! However, when you purchase a Central Ohio home, you’re paying your own mortgage, and investing in your future. With rent, you never see that money again. With homeownership, you can someday sell and get most, all or more of that money back! It’s like forced savings.
Freedom – Many people become homeowners not only for the financial benefits, but also for the freedom of decorating their home as they see fit! This means that you can paint and design the home however you wish. You can have pets, you can have a yard, and you can get involved with the community, knowing that you’ll be around to grow roots. There are many perks!
Time – If you are thinking about buying a home, it’s because you’re ready to move on with your life. Do you want to grow a family? Do you want the freedom to design and decorate as you wish? Do you want to be closer to work, or to family and friends? Why wait? The sooner you buy, the more you could save, and you deserve to accomplish this milestone!
When ready to buy a Central Ohio home this fall, contact us. Pretty soon, we will be in holiday season, and your schedule may become hectic. This time before the holidays is the perfect time to get started.
As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest.
Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!
Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!
Andrew Show
Broker, CEBA, CEBA-M, CNE, CSP, ABR-M, e-PRO, GREEN
Buyer’s Resource Realty Services
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax
