Don't Wait To Buy Your Tooele Home
I saw this post that Berna put on face book this morning and thought I had better share this with my folks.It once again supports why it's not wise to wait to buy your new Tooele home.
There are at least 3 reasons why not and while we probably have gone over these before, I am not sure everyone 'gets it'. Berna outlines in this post 2 of those.
Prices are going to rise, and while price increases have been somewhat modest, they are going up with no clue in site that that upward movement will slow down. The only thing that could stop that trend is a dramatic increase in interest rates. Historically as interest rates go up, house values go down.
Not only do prices slump, the pool of qualified buyers is reduced. (see the chart Berna included in her post). So.... Buyers and sellers share the pain.
Read what Berna has to say and then ad ( or subtract if you will) the 100% Rural Housing loans available in Tooele County, and you further diminish the advantages of buying now in Tooele County.
Call Berna 435-840-5029. Tell her you don't want to wait to buy your new Tooele home.
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