What does this mean for home buyers in the Thurston County? In my opinion, now is the time to buy! There are still great low and zero down loan programs available with interest rates as low as 3.5%. In many cases you can buy a home for less than it would cost to rent a similar home in the area. When you couple this with the fact that home buyers have a tremendous amount of homes to choose from... This just might be the time in history where people look back and say... "I wish I had bought then... I would have made a fortune on this home!"
For example: I just sold a 1,700 sq ft, 3 bedroom, 2 bath home, on a quiet tree lined street with a private fenced back yard near Capitol High School, for $200,000. Principle and interest on that home @ 3.7% is only
$920.00 per month on a 30 year loan. That is amazing!
Now a veteran could have bought this home for zero down and an FHA buyer could get into a home like this for 3.5% down, which could be gifted to them from a family member.
If you are thing about buying and would like to search homes for sale in Western Washington or find out how much your payment would be in your price range then... Click here.
Investment Sales Specialist,
Mobile: 360.402.8130For all of your South Sound
Real Estate Needs