Real Estate Information

Our Blog

Kijner & Sons International Realty

Blog

Displaying blog entries 401-402 of 402

Welcome to our new Facebook page!

by Kijner & Sons International Realty

KIJNER & SONS INTERNATIONAL REALTY NOW ON FACEBOOK!!!

Wanna know more about the Costa Rican, French, Thai and US real estate markets? Interested in investment opportunities, events, lifestyles and culture?

Follow us on Kijner & Sons International Realty's Facebook page.

Comments, suggestions or questions about a project? Contact us at info@kijner.com. We'll gladly assist you. 



Should I Buy a Home Now?

by KIJNER & SONS INTERNATIONAL REALTY

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 401-402 of 402

Syndication

Categories

Archives





Kijner & Sons International Realty
83-85 Boulevard de Charonne, 75011 Paris, France


Privacy Policy - Terms of Service  - Contact Information - Site Map

Real Estate Websites by Real Pro Systems

Copyright © 2003-2017 Real Pro Systems LLC. All rights reserved.