4 Reasons Why Summer Is a Great Time to Buy a Home!

200 N San Fernando
200 N San Fernando

4 Reasons Why Summer Is a Great Time to Buy a Home!
4 Reasons Why Summer Is a Great Time to Buy a Home! | MyKCM
Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year.

Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have increased by half a percentage point already in 2018 to around 4.5%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by nearly a full percentage point by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You Are Paying a Mortgage
There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

4. It’s Time to Move on with Your Life
The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

Just Listed Loft in the historic Fuller Paint building at 200 N San Fernando Road is on the Third floor have a look at the details click Here.:

SEARCH LOFTS FOR SALE  Affordable  |  Popular  |  Luxury  |  Sold
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

#Lofts #dtla

200 N San Fernando Rd
Fuller Building Lobby

 

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

 

 

Lofts For Sale Downtown Los Angeles

LOFTS FOR SALE IN DOWNTOWN LOS ANGELES

LA Loft Search Property listings by price (click one):  #dtla #loftsforsale

Affordable Lofts           |         Popular Lofts           |          Luxury Lofts

affordable lofts DTLA Los Angeles       Popular Lofts DTLA       Luxury Lofts DTLA


Neighborhood Districts Downtown Los Angeles  [Map]

 

Arts District  |  For Sale  |  For Lease

 

Bunker Hill  |  For Sale  |  For LeaseBunker Hill Neighborhood

 

Fashion District  |  For Sale  |  For Lease


Financial District  |  For Sale  |  For Lease  

 Historic Core  |  For Sale  |  For LeaseHistoric Core

 

Little Tokyo Downtown Los Angeles
Little Tokyo Downtown L.A.

Little Tokyo  |  For Sale  |  For Lease

Old Bank District  |  For Sale  |  For Lease


South Park  |  For Sale  |  For Lease

Other neighborhoods near Downtown:

Alta Lofts Building

Lincoln Heights  |  For Sale  |  For Lease

Silver Lake  |  For Sale

 

Lofts in Long Beach

If you’d like free assistance to find properties in Downtown Los Angeles, call Corey Chambers (213) 880-9910

Get a free list of lofts for sale in your favorite area. Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE  Affordable  |  Popular  |  Luxury  |  Sold
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Los Angeles Lofts For Sale
Los Angeles Lofts For Sale

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.