Mortgage Rates Down, Great Time to Buy a Crystal Coast Condo!

Homebuyers are constantly looking for the best time to make a move, curious about how to time the local real estate market just right. Well, the look is over. The time is now! Current market conditions, including the current mortgage rates now at historic lows, have paved the way for Coastal Carolina homebuyers to purchase their dream home!

Mortgage rates have just taken a tumble and in fact, haven't been this low since June 2013. This week marked the fourth straight week for declines, meaning now is more affordable than it has been in over a year to buy a home or condo.

But mortgage rates aren't the only reason why Crystal Coast homebuyers should take advantage of current real estate market conditions. Housing prices are also rising and will continue to do so over the next five years.

If you're a Crystal Coast home seller, this could mean great news for the success of selling your home at a great price. On the other side of the real estate fence, North Carolina homebuyers looking to find the best deal or purchase a home at a lower price, should act now!

According to the Home Price Expectation Survey, including over 100 economists and market analysts, home values will appreciate anywhere from 11.2 percent and 27.8 percent over the next five years.

Gena Gilbert Real Estate can help you take advantage of this exciting window of opportunity in the Crystal Coast real estate market! With mortgage rates this low, waiting no longer makes sense— contact us today to find the perfect waterfront home or condo in Emerald Isle, Atlantic Beach, Morehead City, Beaufort, Newport, Havelock, Cape Carteret, Swansboro and Pine Knoll Shores.

Gena Gilbert

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