What Central Illinois Buyers Should Consider

I recently came across an article relevant to buyers in the Central Illinois area. Our office has access to tons of real estate resources not available to the public. We’re happy to simplify this exclusive information for you.

According to Keeping Current Matters, there are three important questions prospective buyers should ask before committing to buy a home.

Why am I buying a home in the first place? Forget finances for a moment and consider the real reason you’re buying a home. Often, buyers pursue a purchase because they want a home to raise a family, feel safe, have more space, or have control over space.

Where are home values headed? Home values are projected to increase by 5.3% over the next 12 months.

Where are mortgage rates headed? Think about the long-term cost. The graph below reveals what industry professionals predict interest rates will look like this year.

 

The bottom line is that only you and your family will know the right time to buy a home. If you’re thinking about buying a home, I’d be happy to discuss your real estate needs.

If any questions or concerns arise, please reach out to us. You don’t have to worry about contracts or obligations of any sort. We’re happy to help at any capacity, so you can make the best decision for your family.