Is this a good time to buy a home? People are calling it a buyer’s market. Does that mean it’s a poor time to try to sell your home?
These are some of the questions we are hearing, and we would like to give you a few straight answers.
Yes, it’s a good time to buy a home because home loan interest rates are low. In fact, interest rates are as low as they’ve been for years. That helps the buyer.
And, if you want to sell, it will be easier to find and qualify a buyer. Then what? The family that has just sold a home doesn’t move into a tent. They buy a new home, perhaps a larger one that’s been out of reach. And, because it’s a buyer’s market, they can pick from a wide selection and finance their new home at lower interest rates. The point is, a buyer’s market can be good for sellers, too, because they then become buyers and enjoy the benefits of the current market. What about home owners who don’t want to sell and move? While everyone has been talking about the bad “R” word — Recession — we at Coldwell Banker Grass Roots Realty have been using another “R” word — Refinancing. Now could be an excellent time for you to lower the interest rate on your home loan by refinancing.
Home – Where your story begins…
To learn more about how Coldwell Banker Grass Roots Realty can help you buy or sell a home, please call one please call one of our four offices in:
Grass Valley Office at 530-273-7293
855 Sutton Way, Grass Valley, CA 95945
Nevada City at 530-265-3282
108 Union Street, Nevada City, CA 95959
Penn Valley at 530-432-1131
11364 Pleasant Valley Rd, Penn Valley, CA 95946
South County/LOP at 530-268-1575
10193 Combie Rd, Auburn, CA 95602