MONTROSE $169,000 TBD Buckhorn Road (Tract 2) 562 Acres with fabulous views Don Baloy 970 209.8257 THINKING ABOUT BUYING A HOME? ASK YOURSELF THESE QUESTIONS you're thinking of buying a home this year you're probably paying closer attention than normal to the housing market And you're getting your information froma vanety of channes the news, social media your real estate agent, conversations with friends and loved ones the st goes on and on Most y nome prices and mortgage rates are comingupar BERKSHIRE HATHAWAY HOME SERVICES COLORADO PROPERTIES Here are the top two questions you need to ask yourself as you make your decision, including the data that nepe cut through the nose 1. WHERE DO I THINK HOME PRICES ARE HEADING? One reliable place you can turn to for information on home price forecasts is the Home Price Expectations Survey from Fannie Mae-survey of over one hundred economists According to the most recent release the experts are projecting nome prices wit continue to eat through Estimated Home Price Performance December to December at Forecast 200 3.67% 2.35% 2.70% 4.06% 4.15% 2024 2025 2026 2027 2028 So why does this matter to you? While the percent of appreciation may not be as high as it was in recent years what's important to focus on is that this survey says we see prices rise not fall for at least the next 5 years And nome processing even at a more moderate pace good news not just for the market, but for you tootmens by buying now your home will key grow in value and you should OPEN HOUSE I SATURDAY, JAN 15TH112:00-2:00 PM MONTROSE 8864.900 66330 Crestview Drive 5 Beds 13 Baths 155134 sq. ft. Linga Steit 920417.8082 Intem Plast SAMS gan home equity in the years ahead But if you wat based on these forecasts the home will only cost you more later on 2. WHERE DO I THINK MORTGAGE RATES ARE HEADING? Over the past year, mortgage rates spiked up in response to economic uncertainty ination and more But there's an encouraging sign for the market and mortgage rates inflation a moderating and here's why this is such a big deal if you're looking to buy a home When ination cools mortgage rates generally fall in response That's exactly what we've seen in recent weeks And now that the Federal Reserve hos signaled they're pausing the Federal Funds Rate increases and may even cut rates in 2004 experts are even more confident well se mortgagentes come down Daniele Hae Chief Economist at eator.com explan mortgage rates will continue to ease in 2004 infation improves and Fied rate cuts get closakey factor in starting to provide affordability relief to homebuyers As an article from the National Association of Reators (NAF) says Mortgage rates likely have peaked and are now falling from their recent high or nearly R This key wit improve housing affordability and entice more home buyers to return to the market. No one can say with absolute certainty where mortgage rates will go from here but the recent decine and the latest decision from the Federal Reserve to stop the rate increases signs there's hope on the hordon. While we may see some volaity here and there, affordability should improve as ate continue to ease BOTTOM LINE if you're thinking about buying a home you need to know what's expected with home prices and mortgage rates while no one can say for certain where they go making sure you bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! have the latest information can help you make an informed decision Let's connect so you can stay up to date on what's happening and why this is such good news for you Thermocontained and the opinions express in the acted t Decoradas nestacang unt terre does not guarantee or want the accuracy or competens of the a hould be construidas eent advice. You should always conduct your own c contredenen omingmen antotan professio Call one of our trusted real estate brokers Trena Unrein, Brian Unrein, Autumn Barrett, Don Bailey Jeff Keehus, Kree Christie, Linda Steil, Makaya Cervone, Michael Scott Dosch, Heidi Lutr. Mind Sepahi, and Donna Justin MONTROSE $ 169,000 TBD Buckhorn Road ( Tract 2 ) 562 Acres with fabulous views Don Baloy 970 209.8257 THINKING ABOUT BUYING A HOME ? ASK YOURSELF THESE QUESTIONS you're thinking of buying a home this year you're probably paying closer attention than normal to the housing market And you're getting your information froma vanety of channes the news , social media your real estate agent , conversations with friends and loved ones the st goes on and on Most y nome prices and mortgage rates are comingupar BERKSHIRE HATHAWAY HOME SERVICES COLORADO PROPERTIES Here are the top two questions you need to ask yourself as you make your decision , including the data that nepe cut through the nose 1. WHERE DO I THINK HOME PRICES ARE HEADING ? One reliable place you can turn to for information on home price forecasts is the Home Price Expectations Survey from Fannie Mae - survey of over one hundred economists According to the most recent release the experts are projecting nome prices wit continue to eat through Estimated Home Price Performance December to December at Forecast 200 3.67 % 2.35 % 2.70 % 4.06 % 4.15 % 2024 2025 2026 2027 2028 So why does this matter to you ? While the percent of appreciation may not be as high as it was in recent years what's important to focus on is that this survey says we see prices rise not fall for at least the next 5 years And nome processing even at a more moderate pace good news not just for the market , but for you tootmens by buying now your home will key grow in value and you should OPEN HOUSE I SATURDAY , JAN 15TH112 : 00-2 : 00 PM MONTROSE 8864.900 66330 Crestview Drive 5 Beds 13 Baths 155134 sq . ft . Linga Steit 920417.8082 Intem Plast SAMS gan home equity in the years ahead But if you wat based on these forecasts the home will only cost you more later on 2. WHERE DO I THINK MORTGAGE RATES ARE HEADING ? Over the past year , mortgage rates spiked up in response to economic uncertainty ination and more But there's an encouraging sign for the market and mortgage rates inflation a moderating and here's why this is such a big deal if you're looking to buy a home When ination cools mortgage rates generally fall in response That's exactly what we've seen in recent weeks And now that the Federal Reserve hos signaled they're pausing the Federal Funds Rate increases and may even cut rates in 2004 experts are even more confident well se mortgagentes come down Daniele Hae Chief Economist at eator.com explan mortgage rates will continue to ease in 2004 infation improves and Fied rate cuts get closakey factor in starting to provide affordability relief to homebuyers As an article from the National Association of Reators ( NAF ) says Mortgage rates likely have peaked and are now falling from their recent high or nearly R This key wit improve housing affordability and entice more home buyers to return to the market . No one can say with absolute certainty where mortgage rates will go from here but the recent decine and the latest decision from the Federal Reserve to stop the rate increases signs there's hope on the hordon . While we may see some volaity here and there , affordability should improve as ate continue to ease BOTTOM LINE if you're thinking about buying a home you need to know what's expected with home prices and mortgage rates while no one can say for certain where they go making sure you bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! have the latest information can help you make an informed decision Let's connect so you can stay up to date on what's happening and why this is such good news for you Thermocontained and the opinions express in the acted t Decoradas nestacang unt terre does not guarantee or want the accuracy or competens of the a hould be construidas eent advice . You should always conduct your own c contredenen omingmen antotan professio Call one of our trusted real estate brokers Trena Unrein , Brian Unrein , Autumn Barrett , Don Bailey Jeff Keehus , Kree Christie , Linda Steil , Makaya Cervone , Michael Scott Dosch , Heidi Lutr . Mind Sepahi , and Donna Justin