Renae Stucki Realtor saw this newsclip on the Today Show and wanted to share it with you. The basic story is about how rent in most major US markets is on the rise, but inflation isn’t keeping up. What does this mean for you?
Well it means owning a home now could be cheaper than renting. However, with interest rates are up a full percent since May, the ability to get the most house for the least amount of money is gradually disappearing.
Rising interest rates and property values will edge a lot of people out of the market over the coming months. That’s why there’s so much pressure on home shoppers to find a property and make an offer as soon as possible.
Still, that’s one of the advantages we have in Southern Utah. While values continue to rise here, the amount of inventory showing up on the market continues to meet the demands of the public. And more properties are coming available every day.
But that’s no reason to put off your dreams of home ownership. In fact, it’s your call to arms. Now’s the time to take action as quickly as possible.
Renae Stucki is a gifted agent and can work wonders for you. Call today and set up your appointment.
For those of you interested in watching this story, follow the link HERE.