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Low Interest Rates and Low Prices Make a Great Time to Buy!

by Judy Gull

Foreclosures and falling prices combined with rock-bottom interest rates have turned many would-be home buyers into new home owners. According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index hit home prices hit a new record level of affordability. Of all new and existing homes sold during the last three months of 2011, 75.9% could have been comfortably purchased by families earning the national median income of $64,200. It was the highest percentage recorded in the history of the index, and a big increase from 72.9% just three months earlier. And while it’s possible for home prices to continue to drop, it’s perhaps more likely that they will increase again as economic recovery reaches more sectors and more people realize that now is a great time to buy a home.

Another reason to start looking for homes sooner rather than later are low, low interest rates. According to housing analysts, interest rates are near a 50-year low! As of mid-May, 2011, 30-year fixed mortgage rates had fallen to 4.63% - the lowest rates of the year. According to USA Today, the last time average rates on a 30-year fixed mortgage were this low was during the 1970s when minimum wage in Wisconsin was less than $2 per hour!

With mortgage rates at this level it makes a lot of sense to stop waiting and start shopping for your first home. If your family has grown in the past couple years and you need more room, or even if the kids have left for college and you’re looking for something smaller or closer to work, these interest rates make it possible to find a new home better suited to the size of your family. Of course, with many people scrambling to find a place to rent, it follows that now is the best time to invest in rental properties. Why wait? Stop by our office today for more information about buying the home of your dreams for a lot less money than it may take before long.

Don't Miss Out on New Listings

by Judy Gull

Here’s one more reason (as if you needed another one!) to “See Judy Gull For ALL your Real Estate Needs.” Follow Judy and she will guide you through a free service that can get you into your dream home quickly.

Like many other worthwhile pursuits, house hunting hides a paradox within its intricate, labyrinthine processes and procedures. There are a lot of fairly obvious good things, such as picking out your favorite neighborhoods, popping in to some open houses and mentally decorating your future new home. However, one of the primary and reoccurring difficulties many house hunters run into is trying to keep up with all of the listings of new homes that hit the market in a timely fashion.

Not anymore – if you have an email address, you can use this system.

Judy’s new home listings system is not only free, but also incredibly easy to start. All you have to do is go to this website, enter your email address and some of the criteria you’re looking for in your new home and voila! You’re set.

Within your initial email message, you will see a listing of each and every one of the homes that match the criteria you entered for sale at that time. After that, you will receive a fresh email every morning with new home listings, as well as any changes in previously listed homes.

It is not just anxiety or paranoia to think that you will miss out on your perfect home if you do not take an active role in the hunt. This service provides you with this opportunity and all you have to do is fill out a short form.

If you are still apprehensive about giving your email address to a website, here are some factors that might ease your mind. First, you can discontinue the service at any time. And, Judy Gull will not sell your information to any other website or entity.

So, if you’re house hunting in the La Crosse, Holmen, Onalaska, West Salem and La Crescent areas, give Judy’s new home listings system a try. You have nothing to lose and your dream house to gain!

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Contact Information

Photo of Judy Gull Real Estate
Judy Gull
RE/MAX First Choice
757 Sand Lake Road
Onalaska WI 54650
Direct: 608-781-7714
Fax: 608-783-4263