Upload
john-cunningham
View
282
Download
0
Embed Size (px)
DESCRIPTION
Phoenix Real Estate - Is it time to get your dream-home? It's all about the numbers. Take a look at the slides and you will see why your situation is probably far better than you imagined. If you are looking for the right time to make the move your time may be here. All of the stars are aligned and it won't last forever, so take a look for yourself and if you are intrigued give me a call or a text at (602) 558-3843 to discuss your Phoenix Home Value, and the buying opportunities that exist in the valley of the sun today.
Citation preview
Moving UpTo Wait or Not to Wait……that is the question
Thinking about moving up to the home of your dreams?
Comparison Today Current Home Move-up Home
2006 Price $300,000 $400,000
Current Price (-25%) $225,000
Loss/Savings $75,000
Net Gain for Move-Up seller
The Move-Up Seller
Comparison Today Current Home Move-up Home
2006 Price $300,000 $400,000
Current Price (-25%) $225,000 $300,000
Loss/Savings $75,000 $100,000
Net Gain for Move-Up seller $25,000
The Move-Up Seller
Projected Home Prices - 2013
Home Price Expectation Survey 3/2013
A nationwide panel of 118 economists, real estate experts and investment and market strategists expects home values to end 2013 up an average of 4.6 percent according to the latest Home Price Expectations Survey.
Projections call for 30 year mortgage rates to hit 5.5% by the end of the year…
Mortgage Rates Moving Forward
MBA 3/2013
and, they have already started to
inch upward…
3.3
3.35
3.4
3.45
3.5
3.55
3.6
3.65
Recent Rate MovementRecent Rate Movement
Freddie Mac 3/2013
30 Year Fixed Rate Mortgage
This Year
The Move-Up Seller
Price Rate P&I
Today $300,000 4.3%
End of Year $313,800 5.5%
Monthly Savings
The Move-Up Seller
Price Rate P&I
Today $300,000 4.3% $1,484.61
End of Year $313,800 5.5% $1,703.37
Monthly Savings $218.76
Call or text(602) 558-3843to discuss the possibilities