WOW, I THINK I MIGHT HAVE MISSED SOMETHING.

ACTUALLY, I THINK I MIGHT HAVE MISSED SUMMER.

I GUESS I WAS IN A PARALLEL UNIVERSE.  I KNOW IT IS NOT TOO EARLY FOR SNOW, AND I KNOW THAT IF I WERE THINKING OF BUYING OR SELLING IN THE NEXT YEAR OR TWO, I WOULD GIVE IT SERIOUS THOUGHT RIGHT NOW.

AS BUYER...INTEREST RATES ARE REALLY LOW, YET, HAVE STARTED TO INCH UP.  IF THE RATE GOES FROM 4.5% TO 5.5%, THE VALUE OF THE NEXT HOME YOU CAN BUY GOES DOWN ABOUT TEN PERCENT (on a $200,000 home that means about twenty thousand dollars ...YES, I SAID ABOUT $20,000!  HAVE YOU CONSIDERED WHAT THAT MEANS?  IT MEANS YOU WOULD BE LOOKING AT HOMES IN THE RANGE OF $180,000...IT PROBABLY MEANS YOU ARE LOOKING AT A HOME WITH:  ONE FEWER BEDROOM...ONE FEWER BATHROOM,,,A KITCHEN WHICH IS STUCK IN THE '50s...A HOME WHICH NEEDS TO BE TOUCHED ON EVERY SURFACE...A SMALLER GARAGE (IF IT HAS A GARAGE AT ALL) ...A SCHOOL DISTRICT WHICH IS LESS SOUGHT AFTER...THE LIST GOES ON.

HOWEVER,

RIGHT NOW YOU CAN PROBABLY HAVE ALL THAT AND MORE, FOR LESS MONEY.

GIVE ME A CALL...LET'S CHAT.  PETE DALY (518) 640-4805.

 

Peter Daly

Peter Daly

Licensed Associate Real Estate Broker
Contact Me

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