If you’ve been on the fence about buying a home, 2016 is the year to take the plunge.
Mortgage rates have been bouncing around record lows for a while now. But even though they’re likely to start going up, you haven’t missed your chance to get a deal on a house.
A number of factors are coming together, making next year a good time to buy:
1. Home Prices Will Finally Calm Down
Real estate values have been on the rise for a while, but are likely to slow their pace next year. Prices are expected to rise 3.5%, according to Zillow’s Chief Economist Svenja Gudell.
Buyers who’ve been stuck behind the wave of rising prices may… +Read More