Why It’s Better to Buy Your Home in 2016 Instead of Waiting until 2017

Many factors are expected to change in a year’s time that makes 2016 a much better time to buy your new home, according to various experts, according to an article in Keeping Current Matters. (1). For example, Freddie Mac, the government sponsored home loan organization, is projecting that interest rates on a 30 year fixed rate mortgage will rise from 3.42 percent today to 4.60 percent in the third quarter of 2017.

Home prices are projected by CoreLogic to go up 5.3 percent over the next 12 months. This translates into a $750,000 home going up in value by almost $40,000 to $790,000. The monthly payment will increase from approximately $3,334 to $4,050, a difference of over$700 per month.

What can $700 per month buy? A luxury car payment. More entertainment experiences. College fund savings. Over a year, that’s $8,400, which could pay for a very nice family trip, or pay off your credit cards. So if you are ready to buy a home, sooner rather than later is better.

About Anian Tunney

Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2014 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. In 2014 she was The Grubb Company company-wide top producer. Additionally, Tunney has been number 1 in yearly real estate sales for The Grubb Company’s Piedmont office for the last 8 years. Anian was also ranked 129th in the Nation by REAL Trends the Thousand in July 2015. She is known for her knowledge, experience, and network in the Piedmont community; qualities which are invaluable for finding that special home or buyers for her clients.

A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 30 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.

Contact Information

Anian Tunney
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
aniantunney.com
aniantunney.com/blog

(1) http://www.keepingcurrentmatte...