Where to Look for Current Housing Market Trends
Finding and utilizing current trends in real estate while preparing to buy a home puts you ahead of the pack. While older generations may place their faith in agents and services, younger generations are uniquely adept at research and data collection. With the world and so much of our history at our fingertips, it seems obvious that a rigorous round of internet sleuthing will turn up precisely the type of information you’ll need to make the most informed decision about the housing market you intend to enter.
Examine the market’s history for the last 30 years. If you can identify repeating trends of growth you can extrapolate where the current market is headed, and you may find that putting of ownership for a year or two is a better decision. Conversely, you may discover the time to buy is immediately and you ought to get a move on.
Deduce from your city’s past and current plans for urban growth; where the city intends to build out affluent, affordable, and low-income areas, and where those areas are in relation to your desired living area. Predicting where urban growth will be successful and where housing values will remain at a median is integral to your success as a home buyer.
Use social media to reach out to friends and acquaintances who are recent homeowners. How was their experience? What would they do different, and how would they change their process were they to buy again in the near future? These connections may prove to be priceless; folks tend to not hold back when it comes to dishing on social media.
Finally, contact our office to see how your own predictions measure up against current market projections. Chances are, you’ll be right on the money, which, as a hopeful home buyer, is a pretty great place to be
At Stonebridge Mortgage we are dedicated to making sure you end up in the home of your dreams. If you need assistance with mortgage or loan services for your home or office, we are here to help. Check out all Stonebridge Mortgage’s services.
Stonebridge Mortgage Group Offers Guidance On All Mortgage Matters
For professional mortgage services, look no further than Stonebridge Mortgage Group. You can rely on Stonebridge Mortgage Group to help guide you through the entire home buying process. We help you with the pre-approval process and assist with real estate loans and other mortgage solutions, both residential and commercial. Stonebridge Mortgage Group serves the greater Portland area and is located in Gresham, Oregon. Why wait to buy your new home?
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