US Homeownership rates have reached a 19 year low in the first quarter of 2014. While the residential rental market tightens.
As home prices continue to rise or level off at prices higher than many families can afford, and lending guidelines continue to become more stringent on borrowers, more & more families are opting to temporarily rent homes vs buying.
What does this mean to you if you are a qualified buyer in today's market?
BUY NOW! Take advantage of the huge drop in your competition in the marketplace vs this time last year! Last year you were competing with at least 10-15 other qualified buyers for every great house. This year it's much quieter and your chances of scoring a deal are much higher! Sellers who expected a feeding frenzy on their homes are sometimes hearing crickets so let's make offers and negotiate you a great deal on your perfect home!
Rates are also still historically low. Take advantage NOW while they are still available!
Why compete against other renters to pay premium rents and throw your money away with ZERO tax benefits when you can own?
Call me today if you want to be a homeowner & want a caring expert to guide you through the entire process from start to keys in your hand!!
Pick up the phone Los Angeles! 818.355.9988