Barbara Davis-Realtor

One of the things I hear from Buyers is that they want to wait until interest rates drop.

The thing is....yes, that could be in a few months, but it could also be next year or the year after that.

Interest rates fluctuate!!

So I ask...

How badly do you want to buy that 3 bdrm, 2.5 bth home?

Do you have money saved?

Can you afford a mortgage, a 7% interest rate, and all that comes with owning a home?

If So....BUY!

If Not....BUY WHEN YOU CAN AFFORD TO BUY!

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[What will happen to the housing market in 2025?

After dipping as low as 6.2 percent in September 2024, the average 30-year mortgage rate rose back above 7 percent for most of early 2025. Previous predictions of lower rates in 2025 appear to be shifting, with experts now predicting rates will moderate but not necessarily decrease in a substantial way. Despite a welcome drop to 6.84 percent at February’s end, affordability is likely to be a continuing issue in 2025.]

~Bankrate 2025

How to Lease Commercial Property: A 7-Step Guide for Tenants Navigate the commercial leasing process with ease - from identifying needs to signing a commercial lease agreement and moving in.

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