Saturday, October 5, 2013

Winter Already and Low Rates?!

Ah the smell of cold, brisk winter morning air is what I've woken up to the past two day and it's only October 5th! Yes I'm one of the few weird people, called a Coloradoan, that absolutely loves winter! Summer was great but I don't like over 90 degree weather. Needless to say I'm ready for fireplaces, snow, bundles of clothes, and snowboarding to be here, along with below 40 degree weather.

What does cold weather have to do with the housing market? Well when cold weather hits us around Colorado we all know that Thanksgiving and Christmas are just around the corner. Meaning, family and old friends are going to be coming around and we want to have the house already and settled for them to visit. The market kind of takes a slow down around this time of year. We'll see a little bit of rush for people wanting to get into a new home before the holidays hit but it won't last but a couple months. Besides, who wants to move while the kids are in school? Well...I'm hear to tell you that now is the time to move. Many people were waiting around for the interest rates to get better and we were telling them why wait? The rates were already extremely low! Yet to my surprise along with the cold weather I got a report on interest rates saying they were BELOW 4%!! WHAT?!?! It's absolutely crazy that they are that low! Why isn't everyone jumping on this fantastic opportunity to get a home at such a low interest rate! You could be owning a home with a monthly mortgage payment cheaper than you could rent a place! Meaning you are getting equity in the home, instead of throwing it away with the rent!

Okay if you haven't noticed I'm a little excited about this. Lets look at this, back when interest rates were way up there in the 20% range not many people could afford a home. I don't want you to go purchase a million dollar home just because interest rates are low if it's out of your price range it's out of your price range. However, you'd be surprised what you could get for the price range you are in! If you're not sure what you qualify for contact me today and we'll get you in contact with a great lender and we can see what you can afford with these low rates! Let's get you into your OWN place! Go to www.coltonweatherford.kwrealty.com for homes and my information! I look forward to hearing from you!

For the Lamb's Reward

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