My New Blog

Buyers are tired of sitting on the fence these days.   For the past 4 or 5 years we have seen sliding values and popular media slaughtering the real estate market.   On the horizon we see interest rates creeping up, FHA loan costs increasing, and serious changes in government involvement with securing loans. 

I know there are many buyers waiting for someone to give the all clear, but any experienced investor will tell you that timing any purchase can only be evaluated in retrospect.   From a purely financial decision, it is important is to evaluate home buying vs. renting.   From a personal decision, it is important to evaluate your needs and move forward.  Near term interest rate projections also play an important role, rates have not been this low in years, and by locking into a 15 or 30 year loan, you can hedge inflation.  

Whatever your decision, just make sure it is an informed one.  

For any other questions or comments, send me a note.

Dan Shafron

Broker

Dan@CambiumRE.com