Why you should buy a home early in 2017
We know, we know: You just made it through the holiday season and you just want to rest a bit. However, it might make sense to buy a home early in 2017 rather than waiting. Here's why:
Interest rates
The Federal Reserve has already raised interest rates slightly for the new year, but the base rate remains low overall. Experts expect further rate increases later this year, so making a move now will help you keep your payment lower.
Less competition
Potential buyers often take a break during January and February. That lull could be a big benefit to you, because it translates into less competition for the houses on the market this time of year.
Early start
There have been fewer homes on the market in the past year or so, so starting your home search earlier can help you get a jump on the market. The earlier you start, the faster you will hone in on what you do and don't want in your next home. That can help your real estate agent connect you with the right properties the moment they hit the market.
Steamboat winter
From a local perspective, winter can be a great time to house-hunt in Steamboat Springs. Experiencing your new home and neighborhood in the snow can help you gain full appreciation for its beauty, mountain access possibilities and more. Trust us, it's worth pulling on your snow boots to explore Steamboat in the winter.
If you are hoping to buy a Steamboat home in 2017, contact us using the form below. We will share our local expertise and nearly 30 years' experience with you as you hunt for your dream home or vacation home in Steamboat.