Throughout the country, spring and summer are when the most serious house hunting takes place. Springtime is, after all, the season when it just feels right to undertake major initiatives—and buying Costa Mesa homes certainly falls into that category.
But if your own school or work calendar doesn’t dictate the timing, there are some good reasons why putting it off until next year may not be in your best interest. Here are four worth considering:
- Wealth-building. If you are now renting, the sooner a portion of your monthly housing spend begins to go toward building equity for your own account, the better. All those TV commercials about starting early to save for retirement are reminders of the same immutable truth.
- Home loans. The arithmetic is straightforward: when it comes to mortgage payment amounts, low interest rates represent huge long-term savings. Currently, they remain in the historically favorable range—but they’re projected to rise. No one knows the precise timing, but most experts expect it to be soon.
- Investment wisdom. It’s such an investors’ commonplace that it almost sounds silly to say it out loud—yet “buy low, sell high” is easier said than done because it runs counter to how the crowd is behaving. With the economy and wages surging, most experts expect U.S. homebuyers to face a continuation of the slow and steady rise in housing prices—in which case acting now makes investment sense.
- Market. It is often the case that when the hottest Costa Mesa home-buying season has passed, sellers whose homes have not yet sold may become more eager to sell—and more flexible in general.
Saturday brought fall to Costa Mesa, but it might also have brought the best season for buying your next Costa Mesa home, especially given the range of listings currently being offered right now. Give us a call to discuss investigating what’s out there!
We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, L3 has grown to a full staff of 20 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact L3 today at 714-444-4663 or email us at firstname.lastname@example.org