is this good time to buy?
Let's see, mortgage rates after ranging from
3.96% to 4.95% in 2011, the average mortgage rate for the year was about 4.45% - never seen
before in the history of the United States.
Now what are the odds that interest rates will stay this low? The chances of of interest rates rising by 1%
is about twenty (20) times more than home prices going down another 10%.
Back in 1990, a $100,000 home was costing about
$877 per month. Today the same home is about $200,000 and costing about $890 at
4.45% rate.
Visit My Website http://www.homesbysohail.com/
About Me
- Team Sohail
- Sohail is a Founding Member of International Luxury Society and Sohail is now a International Real Estate Specialist, aka IRES. Having said this, we can better position the marketing of the properties those are listed with Sohail of Keller Williams Real Estate. A service owners/builders dreamed of is now available with Team Sohail. Please contact us should you need more information on this. He Cares, He Listens, He Gets Results!
Friday, April 27, 2012
Tuesday, April 17, 2012
Affordability measures the ability to buy
Affordability measures the ability to buy - that is, the amount of a family's income consumed by the mortgage. In 1981 it took a whopping 36% of family's income to pay a mortgage. Today it takes only 13%, that is indeed a historic low. That also means that buyers are spending 20% less of their income on home payments than they were doing it 30 years ago. Questions are welcome!
Friday, April 13, 2012
Feeling is the bridge
Feeling is the bridge between us for others and also what we want to do. Feeling influences so much to our thinking and our motivations, and also our actions. Feeling have the big role in our lives. When feelings are good; it's easier to live, easier to achieve success, easier to have good relationship with the ones around us, easier to live with full potential, let's guard our feelings to have only good feelings.
Try everyday to share something good with others. Be tactfully honest; as much as possible cause it gives the desired long-term healthiness. Think good of others; just see and appreciate their specialties, focus on their 9 good things and ignore 1 in case if you see it. Have a clear mind. Counterbalance your day; make sure to spend time where it needs to be spent. Run towards the people who help you. Keep your will-power on full charge and every choice you make throughout the day is a drain on your will-power.
Remember, it’s not what happens; it’s what you carry with you from what-happens.
Be. Do. Have.
Always come from contribution..........
Try everyday to share something good with others. Be tactfully honest; as much as possible cause it gives the desired long-term healthiness. Think good of others; just see and appreciate their specialties, focus on their 9 good things and ignore 1 in case if you see it. Have a clear mind. Counterbalance your day; make sure to spend time where it needs to be spent. Run towards the people who help you. Keep your will-power on full charge and every choice you make throughout the day is a drain on your will-power.
Remember, it’s not what happens; it’s what you carry with you from what-happens.
Be. Do. Have.
Always come from contribution..........
Thursday, April 12, 2012
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