The low mortgage rates available today do not appear to be rising any time soon. The low rates are causing an influx of applications for refinancing and making the Federal Reserve consider a plan that would make interest rates even lower for new home buyers. It doesn’t take a genius to see that these signs all point to a buyer’s market. While real estate prices may not be at the absolute bottom yet, one thing is clear, they surely are not at the top. If you are considering buying a new home now might just be the time. A house that may have been out of reach a few years ago may just be a smart buy today since it has a lower price and you could secure a lower interest mortgage.
Today is a great time to look at property in Vail Colorado, especially luxury real estate. Vail Village has always been a fantastic place to call home or second home. It offers an active lifestyle in a beautiful setting that not many are fortunate enough to call home. Contact Gil Fancher today for an in-depth look at the Vail Luxury real estate market and get experienced, knowledgeable assistance giving you the opportunity to make a well-educated and informed decision. While the “bargains” may not be posted a knowledgeable broker like Gil Fancher knows where they are and can get you access to the best deals available today.
Go to www.vailmountainproperties.com for access to all Vail Valley Real Estate listings.
Don’t hesitate to call Gil Fancher today at (970) 390-7469, for excellent service and information on Vail Real Estate!
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[...] Mortgage rates are even lower, falling below 5% last week. For people who are sitting on the sidelines waiting to buy there couldn’t be better news, or could there? Apparently rates are expected to go even lower if the Federal Reserve dumps the $1.2 trillion it is expected to. The New Administration is doing there best to stimulate the economy and entice people to put their money into real estate. For those who have jobs and money today’s real estate market couldn’t be better. The historically low interest rates available with mortgages combined with low home values makes today’s real estate market a true buyer’s market. It is a great time to invest in real estate. [...]
[...] article in today’s Vail Daily was a bit of a boost for Vail. In comparing ski towns’ sales tax revenue for the month of December, Vail was down the least [...]