Keller Williams Logo
Hickey & Foster Real Estate Logo

Investment Properties

Four reasons to buy real estate today

KitchenWhen interest rates are higher, the cost of borrowing money to purchase a home increases, which means that the monthly mortgage payments will also be higher. However, there are still several reasons why someone might choose to buy a home when interest rates are higher:

1. To lock in a fixed rate: When interest rates are higher, buyers may want to lock in a fixed rate on their mortgage to protect themselves from future rate increases.

2. To take advantage of the market: While higher interest rates may make buying a home more expensive, they can also mean that there are fewer buyers in the market, which can create an opportunity for buyers to negotiate a lower price.

3. To invest in the future: Buying a home is often seen as a long-term investment, and buyers may be willing to pay a higher interest rate in order to own an asset that is likely to appreciate in value over time.

4. To enjoy the benefits of homeownership: Homeownership offers many benefits, such as the ability to customize your living space, build equity, and establish roots in a community.

Ultimately, whether or not it makes sense to buy a home when interest rates are higher depends on a variety of factors, including your financial situation, your long-term goals, and the state of the real estate market. It is important to carefully consider all of these factors before making a decision.

Information courtesy of Keller William Realty New England Region


    1. No comments. Be the first to comment.

    How to Increase Value in Your Home Prior to Listing

    Stowe Area Realty Broker Ken Libby and Tom Mannion are hosting a FREE SEMINAR FOR POTENTIAL SELLERS:

    How to Increase Value in Your Home Prior to Listing
    Wednesday, August 22, 4:00 p.m.
    Stowe Area Realty, 1056 Mountain Road, Stowe

    The market changes in subtle ways that can affect home-buying strategies; sometimes a small shift can tip the market in favor of buyers or sellers. Do you know where the market is right now? Are you confident that you will get the best deal?

    Our job as REALTORS® is to guide you through the process and help you identify the pitfalls and opportunities. We can take the element of surprise out of the equation and put you in a stronger position to make an informed decision on pricing your home and avoid the risk of making costly mistakes with:

    • Over- or under-estimating the actual value of your home
    • Curb appeal and how it affects home value
    • Staging, rooms to stage and how much of a difference does it make?
    • Importance of photography
    • Knowing the market and its relation to your home value
    • The importance of a pre-inspection
    • How to get the best value for your home
    • Is it a buyers or sellers market and how does it impact your selling price
    • Permits and possible pitfalls
    • Checking titles and boundaries
    • Understanding escrow accounts and time is of the essence
    • How to save on investment properties  
    • 1031 and improvement exchanges
    • Additional value-added topics

    Contact us to RSVP or for more information.


      1. No comments. Be the first to comment.