We get calls everyday from buyers looking for traditional sales in the Bristow area! Braemar is one of many incredible neighborhoods in Bristow. If you have any interest in a traditional sell, carriage home, in Braemar, please let me know. There will be one coming on the market very soon at an incredible price, and yes it is a traditional sale.
It continues to be an excellent time to purchase a home. There are many factors that work in favor of homebuyers, both those looking to make their first home purchase and those seeking to move up into a larger home.In recent weeks, there have been many indicators pointing to an improving real estate market, so buyers should act now while conditions remain ideal.Consider these reasons why now is a good time to buy a home:
Our market is still holding strong. Inventory is way down! Our buyers are scrambling to find a home that is a traditional sell or even a foreclosure! There are still plenty of short-sales, but as you know by now, they can be a huge risk!
Consumers are busy buying houses, according to the National Association of Realtors (NAR), which announced this week that its Pending Home Sales Index rose 6.4 percent in August to its highest level since March 2007. The uptick in pending home sales marked the seventh consecutive monthly increase, the longest in the series of the index which began in 2001.A forward-looking indicator based on contracts signed to purchase a home, the Pending Home Sales Index in the Northeast jumped 8.2 percent from July and is 12 percent higher than August 2008.
Conditions remain ideal for purchasing a home. Freddie Mac’s Primary Mortgage Market Survey showed that rates on 30-year fixed-rate mortgages are averaging less than 5 percent and nearing the all-time low set in March. In addition, first-time buyers still have a few weeks to get under contract in time to take advantage of the $8,000 buyer tax credit.
Our market is still holding strong. Inventory is way down! Our buyers are scrambling to find a home that is a traditional sell or even a foreclosure! There are still plenty of short-sales, but as you know by now, they can be a huge risk!
Consumers are busy buying houses, according to the National Association of Realtors (NAR), which announced this week that its Pending Home Sales Index rose 6.4 percent in August to its highest level since March 2007. The uptick in pending home sales marked the seventh consecutive monthly increase, the longest in the series of the index which began in 2001.A forward-looking indicator based on contracts signed to purchase a home, the Pending Home Sales Index in the Northeast jumped 8.2 percent from July and is 12 percent higher than August 2008.
Conditions remain ideal for purchasing a home. Freddie Mac’s Primary Mortgage Market Survey showed that rates on 30-year fixed-rate mortgages are averaging less than 5 percent and nearing the all-time low set in March. In addition, first-time buyers still have a few weeks to get under contract in time to take advantage of the $8,000 buyer tax credit.