Changes in the real estate market mean that there are changes in interest rates on mortgages. Rates are on the rise, so anyone looking to buy or sell a home should consider doing so before rates rise much more than they currently do.
Vic Markarian is a realtor in Glendale, California. He has seen the evolution of interest rates throughout his career and has advice for anyone looking to buy a home in the Glendale area.
“Be prepared to make concessions, perhaps more than you would like. What your lender has said you can reasonably afford may mean you have to settle for something less than you expected. That means access to good shopping can mean family areas if you’re looking for a place to retire. A longer commute can get you a bigger house,” Markarian said.
This does not mean that a buyer or a seller should wait. In fact, Markarian thinks the exact opposite. He and his team of real estate agents in Glendale, California have a simple suggestion.
“Buy if you’re ready. Sell if you’re ready,” Markarian said.
Markarian means that the best time is always whatever the buyer or seller thinks is the best time. Interest rates can change, but the one thing that won’t change is how the value of real estate doesn’t go down. A house bought today is a wise investment for the future.
Vic Markarian and his team of real estate agents in Glendale, CA have two websites with available properties. Interested buyers or sellers can visit the sites at http://markarianrealty.com/ and https://www.vicmarkarian.com/.
Company Name: Vic Markarian Real Estate Group
Contact person: Media Relations
E-mail: Send an email
Call: +1 818 248 8668
Address:3237 N chemin Verdugo
State: California 91208
Country: United States