There are several reasons why now is a good
time to buy, according to the Monmouth
Ocean Regional REALTORS®:
Interest Rates Are Still Low—For Now
Interest rates are still low but many economists
believe that we will be seeing those rates rise
in the future. As interest rates increase, so do
monthly payments.
Housing Affordability
It is possible to find a good deal on a home
you may not otherwise see in a different
economy. If you have considered selling your
current home to get the home you’ve always
wanted, don’t hesitate. There is a shortage
of homes for sale and buyers are in the
market. With tight inventory conditions and
sometimes inaccurate online listings, buyers
should turn to a REALTOR® for expert advice
and assistance in navigating today’s fast
moving housing market. “REALTORS® have
turbocharged searching power and can even
NOW IS A
GREAT TIME
TO BUY IN
MONMOUTH
COUNTY
We hope you’ll like it here so much that you’ll
want to stay and become a neighbor!
find properties that are not necessarily listed for
sale,” said Kenneth “Kip” Walker, President of
the Monmouth Ocean Regional REALTORS®.
“Sometimes properties are available but not
actively advertised. A REALTOR® can help you
find those hidden gems.”
Rent vs. Own
When people look at what they’re paying for
rent and compare that expense with what it
costs to own a home after taxes, ownership
can become very attractive. A homeowner
can typically write off mortgage interest and
property taxes, deductions that are unavailable
to tenants. Buying a home also locks in your
monthly payment and stabilizes your finances
with a fixed-rate mortgage.
“The Monmouth Ocean Regional REALTORS®
website, www.MORR.realtor, is a great
resource that lists properties, property details,
open houses as well as REALTORS® to help
you find the right home, in the right area, for
the right price,” said Kip Walker. “Buying or
selling a home in today’s market involves
many decisions, and choosing a REALTOR®
to properly and effectively protect your
interests is one of the best decisions you can
make.”
The Monmouth Ocean Regional REALTORS®
(MORR) is a trade association currently serving
over 8,000 REALTORS® and REALTOR®
Associates and more than 10,000 Monmouth
Ocean Regional Multiple Listing Service
(MORMLS) users. The Monmouth Ocean
Regional Multiple Listing Service is a division of
MORR and works as a clearinghouse through
which more than 1,000 local real estate
firms exchange information on properties
they have listed for sale. Together, MOR
members participate in over 40,000 real estate
transactions every year. For more information,
visit www.MORR.realtor
114 www.sparkvisitmonmouth.com
/www.MORR.realtor
/www.MORR.realtor
/www.sparkvisitmonmouth.com
/www.90.5thenight.org