If you’re in the right financial position, now might be the perfect time to embark on your homeownership journey. Buying a home today offers several advantages, including the opportunity to build equity and stabilize your housing costs in the face of rising expenses. The housing market in Colorado has been a bit of a roller coaster ride over the past few years. The plus is that we are experts in the changing market and have been in the real estate business for more than 21 years. One of the most important things to consider when buying a home is having a great realtor who knows how to advise you with your best interests at heart. June’s Team is a premier residential real estate sales group serving Northern Colorado. With experience in the fast-growing and dynamic marketplace of Northern Colorado, we provide excellent customer service from your first point of contact.
The ultimate goal of June’s team is to be our clients’ realtor for life. That not only means serving them through an amazing buying or selling experience but also reaching out to check in with current and past clients regularly. At June’s Team, we do our best to anticipate the needs of our clients to better help them navigate the ever-changing climate of the housing market. Two of our greatest values are to serve instead of sell and to never stop growing and striving to be the best. These are what sets us apart from other realtors and truly create a positive change in real estate.
Take a look at our active homes for sale in Northern Colorado or do a search and find one you’d love for us to show you!
Let’s explore the reasons why purchasing a home now can be a wise decision in the current market.
Now that you know the top realtor for you to work with in Northern Colorado, let’s take a closer look at the benefits of buying a home today. By purchasing a home now, you can start building equity, which is an investment in your future. Additionally, opting for a fixed-rate mortgage allows you to stabilize your monthly housing costs for the long term, even as other expenses continue to rise. This stability provides peace of mind in an ever-changing financial landscape.
While housing costs experienced significant increases in 2021 due to a combination of factors, such as inflation, high demand, and low supply, the market has since moderated. If you decide to buy now, you can expect relatively stable house prices and potentially face less competition from other buyers due to the current mortgage rate environment.
Despite prevailing interest rates, which fell below 7% last week, recent research from Freddie Mac suggests that homebuyers can save $600 to $1,200 annually by applying for mortgages from multiple lenders. It’s important to remember that you can always refinance your loan in the future if rates decrease further.
Owning vs Renting
Renters, on the other hand, have experienced rising rental costs in recent years. The 2023 Multifamily Outlook indicates that rent prices increased between 6% and 8% in 2022, with a projected growth of 3.9% in 2023. By choosing to buy a home, you can escape the uncertainty and potential annual rent increases, gaining stability and control over your housing expenses.
Homeowners with fixed-rate loans enjoy the benefit of consistent monthly housing costs over the life of their loan. While other expenses may fluctuate, you can take comfort in the fact that your mortgage payments will remain relatively unchanged in the long run. This stability gives you confidence in managing your finances effectively, regardless of external economic factors.
Despite the potential for rising rents and home prices, buying a home today offers distinct advantages for those who are financially prepared. With the opportunity to build equity, stabilize your housing costs, and enjoy long-term cost predictability, homeownership can be a smart investment in your future. By taking the leap into homeownership now, you can secure a place to call your own and navigate the evolving financial landscape with confidence.
Download our Buyers Guide and let’s connect to provide you with specific information relevant to your individual situation.
Read some of our 5-star reviews from our happy clients
“June has been so helpful! She is very dedicated and passionate. June’s team has also been very helpful! They are all very welcoming and really want to help their clients find their dream home! We went through hell trying to sell our home with other realtors for over a year and a half and when we met June she made it happen within 3 days of being on the market! She is now assisting us with buying a new home and has been so helpful through the whole process she’s not just our realtor but she is now a friend! We could not have done any of this without her and her team thank you all! June is very trustworthy and loves what she does! There is no better realtor than her!” -Lex
“June and Jennifer were absolutely amazing. They walked us through buying our first home and it was the easiest part of the process. They were attentive and understanding and always willing to answer questions. The team is fantastic! I highly recommend June and her team.” -Annie
“When it comes to buying a property you have to be able to trust who you are working with. Dealing with June and her team through the whole process will make your life that much easier. The whole team is driven and very knowledgeable with what they do. If you are buying or selling talk to June’s team first!” -James
June’s Team is your award-winning choice Colorado Real Estate
June’s Team at Keller Williams is well-established in the Northern Colorado community and serves clients in Greeley, Fort Collins, Loveland, Windsor, Eaton, and surrounding cities. We are the forerunners in Northern Colorado real estate and always have our client’s best interests at heart. Serving the residents of Northern Colorado is an honor and our love for the community is continuously growing. Two of our greatest values at June’s Team are to serve instead of sell and to never stop growing and striving to be the best. These are what set us apart from other realtors and truly create a positive change in real estate. Contact us today to get started or give June a call on her cell phone at 970-388-3692, or at the office at 970-573-5791.