Home prices should go up in value more modestly in 2018 by going up from 2 to 5% (depending on the location).Read More
I have a track record for not only selling our homes swiftly, but at top dollar. I customize my marketing strategy by highlighting the best features of a home. Please let email, message or call me to discuss further.Read More
Today I came across a thorough article answering tax questions (some pertaining to real estate) that many people may have right now.Read More
Due to all the recent discussions taking place regarding tax reform and the emails I've received from some of you asking for my opinion, I've decided to write this email. However, I will not touch too much on this topic in terms of my opinion due to all the partisan issues occuring but I will provide some articles (below) that you may find helpful.
I expect that in 2018 it will be another year of growth in the economy in which home prices will rise 2 to 3% should GDP continue to rise, low unemployment remains, high confidence in both buyers & sellers, and should the Federal Reserve continue to leave interest rates ultra low.
News: Today the Federal Reserve just raised interest rates 25 basis points. Thus, the total federal funds interest rates are now 1.5%. (For more info on why this matters for the housing industry, go to my website- on the home page scroll down to the housing chart: https://www.andrewvargas.com)
Yup, it's a good time to sell due to the uncertainties on tax reform (should it even pass) but more importantly on other factors such as artificially low interest rates, stock market boom, and low inventory. Would be a shame to decide to sell should anything POP at that time!Read More