Are you in the market for a new home? You’re in luck! A number of factors point to 2016 being a strong year for Tampa homebuyers. Whether you’re a first-time buyer or just looking to upgrade your family home, here are the top three reasons to buy now.
Rent Prices Continue to Rise
With rent prices on the rise, now is the time to buy a home. As the cost of renting continues to climb this year, buying a home may be cheaper in many of the neighborhoods surrounding Tampa.
Interest Rates Remain Low
Low interest rates help make home buying more affordable. Over the next year, interest rates are expected to increase steadily. Higher rates ultimately affect borrowing costs, as well as monthly mortgage payments.
New Home Inventory Will Grow
In the upcoming year, we expect the inventory of new homes to increase. What does this mean for homebuyers? You can now buy a new home instead of settling for a used one!
Contact a New Home Consultant today to get started on finding your perfect new home.
