Category: Buying Real Estate


4 Reasons to Buy a Home this Fall

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 report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.1% 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 already increased by half of a percentage point, to around 4.5% in 2018. 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 half a percentage point to around 5.1% 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 homes 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 build equity in your home which you can then tap into later in life. As a renter, you guarantee your landlord is the person building 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.


Source: Keeping Current Matters, 9/10/18


Happy Labor Day! Your Real Estate Transaction shouldn’t be hard work.

Nicole MacDonald makes your process stress-free.  Let us do the work, so you may enjoy your life.  With 24-years of experience, we have the knowledge and tools to succeed through any challenge.  We protect your best interests, and earn you the best deal financially.  We know you have a busy life, and will take care of your real estate transactions with the greatest of ease.  Contact us today at (949) 500-9905 or for personalized service.


Refer Your Friends & Family

Are you, or anyone you know, interested in buying or selling real estate?  Refer them to me, and I will take excellent care of them!  Awarded Top 17 % Agent Internationally, I will negotiate strongly on their behalf.

As a 3rd generation real estate agent, I have experience in commercial, investment, and luxury residential real estate.  Licensed in 1994, I continue to love helping people fulfill their real estate dreams.


Who’s Buying Homes?

The primary reason buyers purchased a home in 2017 was the desire to own a home of their own.    Are you next?…Contact us today at (949) 500-9905 to get started.