Interest rates are low.
Potential homebuyers might not know just how good they have got it right now. Homeowners in years past DO know, even spending money to refinance to today’s rates. It is amazing what a low rate can do to help with affording more home – not to mention the long-term savings. While no-one know where rates will go, there’s more room to go up than down at this point.
Jobs are stable
The economy is in a positive place. Consumer confidence is high.
Prices are rising
Prices and sales in Wisconsin have been steadily rising for the past several years. You can still get into a home in Wisconsin affordably. And buying when prices are rising is a safer feeling than buying in a recession – even though the prices may have been lower in the past five years.
Rents are rising
Have you seen an increase in your housing costs the past several years? That trend shows no sign of slowing. With a fixed rate mortgage, your house payments fluctuate very little. Plus, every payment you make is paying off YOUR debt. You rent payment goes nowhere but to the landlord.
Want to get started?
- 1. Find out what you can afford
Talk to a loan officer in Wisconsin. Get preapproved. That way, you are ready to pounce when you see the right home – confident you will qualify to borrow the money needed to purchase it.
Talk to friends and family. Do some searches at FirstWeber.com. Interview a few. Do you want a Buyer Representative? You can learn about buyer agency here.
- Search and view properties until you find the ONE.
You can search on any website you want, but we suggest a local one like firstweber.com where updates are handled locally. That means more accuracy.
First Weber sells real estate throughout Wisconsin : Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Southwest WI, Central Wisconsin, Northeast Wisconsin andWisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com
Thanks for reading the First Weber Wisconsin real estate & Wisconsin living blog.