Home Affordability Expected to Drop 10% in 2015

Housing MarketReal Estate experts are suggesting that NOW is the time to move if you are planning to buy a home in 2015.  Realtor.com economists predict that home affordability will decline as much as 10% by the end of the year.  And with property values rising at record rates, you’re likely to qualify for less home by the time summer come around.  The Federal Reserve Bank also continues to remind the public that they plan on raising target federal funding rates in 2015 which will cause mortgage interest rates to rise as well.

 

Read the full realtor.com article “Why Homebuyers Need to Act Now” HERE.

 

Reality_201321Tatyana Sturm and The Storck Team have 10 years experience in Denver Metro real estate and have helped buyers in many different walks of life with finding their new home from the first time home buyer to seasoned investors all across Colorado.  We have a true passion around finding you the best home for your lifestyle.  Please call or text The Storck Team at (720) 350-5909 or email us at thestorckteam@exitrealtydtc.com to start your home buying process with a knowledgeable and trustworthy real estate professional.


Tatyana:
Aaron: 720-273-7419
Exit Realty


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