You’ve heard it before from most real estate agents. “The time to buy is now”. “You better buy right now or you are going to miss out”. Well, now it really is a great time to buy and let me tell you why:
Rents Are Going Up in Ventura County
Check out this cool graphic that shows average rents in each city of Ventura County. As you can see the trend is rent increasing with no signs of stabilization as there are still many renters out there willing to outbid you for a place.
With the investors buying up much of the inventory over the last few years there has also been a slew of new rental properties available, fixed up and ready to rent. You have to pay a pretty penny for those units as they have been completely rehabbed and much more in demand amongst renters. Can you afford to stay in this mix of unpredictable cost increases and ever-changing landscape? More importantly, are you ready to stop padding someone else’s pockets?
Rates Are Going Up, Across the Board
With a favorable employment rate and other financial factors rates have been slowly ‘eeking’ up each week of March with no signs of slowing. Yes, the increases have been gradual, but you don’t have to be a math major to figure the jaw dropping difference and 1/8 of a point can make on your monthly mortgage payment. Let’s just say it might be enough to potentially price you out of the home price range you are hoping for which would be a major, major bummer.
More Inventory Has Been Coming Onto the Market
The property gods have been answering prayers lately and we are starting to see a lot more properties coming onto the market. It is not only nice to have more options to look at while you are looking for that dream home, but it also indicates that sellers are now seeing some equity in their homes and there is no reason why you can’t get in and start building some of your own. Why let them have all the fun?
Start your search now: http://www.sambenner.com/ventura-county-homes-for-sale/
Lenders Have Amazing First Time Homebuyer Programs
My lending partners at Guild Mortgage Company recently had a first time homebuyers workshop and I was amazed at the numerous programs that are avaiable to first time homebuyers. This include but are not limited to down payment assistance programs, police/fire/educator/veterans programs, and even some of the more creative programs are starting to come back. All indicators that the banks are ready to get in business with you to help you make home ownership possible where they might have not before.
Our First Time Should Be Unforgettable, In A Good Way
I can personally assist you with each step of the process, which can be numerous, frustrating, and sometimes confusing. Working with a real estate agent who was born, raised, and proudly serves in Ventura County you can rest assured that you will have a true partner that will be there to find, get, and most importantly, close on the home of your dreams.
So, Let’s talk, get you pre-qualified, and start the hunt today. We’ll have some fun along the way too.
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