Now Is the Time to Buy

The new home market is expected to grow significantly in 2016, which could increase the amount of inventory and make it easier for buyers to pull the trigger on that second home or retirement home. There are other factors the experts are predicting to make this year the right time to buy. According to Zillow, with increased inventory, the bidding wars will start to fade away and pricing could stabilize. And with mortgage rates on the rise, the Federal Reserve could create a sense of urgency for buyers to lock in on a strong rate before they get too high. 2016 could be the year to build your dream home so you can enjoy it with family and friends for years to come. You would be surprised just how affordable new construction can be.