The housing market has turned a corner. Two years of solid appreciation in the Seattle area shows that to be true. In addition, the Federal Government is easing their support for the bond market, so the ability to get a loan at a discounted rate is coming to an end.
Here is the change seen on the Eastside from 2012 to 2013:
What will waiting cost you in 2014?
If we take a conservative look at value and rate increases…
The costs above are for each year of ownership. If you plan to own a home for 5 years or more, the cost of waiting goes up dramatically!
If you want to find out if now is the right time for you to buy a home or move up in the market, feel free to contact me.