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The Curt Buchanan Group's Blog

The Curt Buchanan Group

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What Homes Are Out There for Me?

by The Curt Buchanan Group

 If you would like to get an automatic post of interest rates or homes on the market, just let me know.

No charge, and I won't call to bother you. You can unsubscribe at any time.

Send me an email or click one of the links on my web page. I'll set up an automatic notification account for you. No charge, no calls, no hassle.

 You let me know when something looks interesting and I'll get you more information, etc.

 

curtbuchanan326@gmail.com  is the fast way to reach me!

 

 

Buy Now??

by The Curt Buchanan Group

Should I Buy a Home Now?

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates up slightly in the last few months, they are still near historic lows.

 Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 1-2 of 2

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Photo of Curt Buchanan Real Estate
Curt Buchanan
Keller Williams Realty
5425 Baum Blvd
Pittsburgh PA 15232
412-523-2693 Cell
412-682-0120 office
Fax: 800-979-3218 efax

License # RS156177-A