What should you expect when buying or selling a home in Saint George or across Southern Utah in 2015
In today’s post I’ll break down what you can expect during the 2015 Real Estate market and why it’s going to be a great time for you to be a part of the Utah Real Estate Market.
ST. GEORGE HOME BUYERS
2015 will be a great time to buy a home in St. George since home prices are predicted by many people to stop their rapid appreciation.
When you combine great home prices with low mortgage interest rates, which are expected to not increase more to more than 5% you will be able to find a great home in St. George or other communities across Southern Utah.
“The Federal Reserve is likely to boost its short-term interest rate target around the middle of next year if economic growth continues to be solid as the Fed – and we – currently expect,” predicts Lynn Reaser, chief economist for Point Loma Nazarene University in San Diego. – Source: Housing Wire
SOUTHERN UTAH HOME OWNERS
Yes, 2015 is going to be a great time for you to sell your St. George or Southern Utah home since as with 2014 there will be many buyers on the Real Estate market who have been pre-qualified for home loans, searching for their dream homes.
Great Time to Buy Investment Properties
Thanks to the demand for homes across St. George there will also be an increased demand for rentals and that means a huge opportunity for investors thanks to low home prices across St. George and affordable mortgage interest rates for 30-year mortgage loans.