The year’s spring market for real estate is predicted to be the best in the last several years as far as sales. With prices down along with the low rates of interest on mortgage loans, homebuyers should be a mood to buy this spring. Since the home sales have been slow for the past few years this has kept prices down.
Now that the economy is improving slightly and some people are back to work, the interest in buying houses is increasing again. People who have been undecided are predicted to finally dive in and purchase a home. This is normally the prime season for buying houses.
Builders are even planning discounts to increase their sales on new homes. Consumers of all kinds love discounts especially on new homes. So if you are in the market for a new house search out these discounts.
Sellers will see a bit more competitive pricing on the houses they are trying to get people to buy. This is definitely good news. Of course, after struggling for 3 years, sellers are a bit more realistic as far as what their homes are worth too.
It is time to act now with the mortgage rates being below 5 percent. The economists say these could creep up to 6 percent soon. So look into locking in your rate now before time passes you by.
Some families have had to all move back into together. Now with the jobs improving the kids can move out from mom and dad once again. They both can have their independence again.
Lance Mohr is a specialist in the Tampa real estate market. If you have any questions or are looking for an hard working Realtor give me a call. For details on Tampa new homes or Tampa communities please visit our website at http://www.tampa2enjoy.com.