Costa Mesa Homes for Sale: Why Wait?
About this time every year, the question for house hunters is whether to delay their serious shopping until the anticipated springtime upsurge in Costa Mesa homes for sale. Almost every year, when the weather begins to warm, the springtime ‘For Sale’ signs blossom. One school of thought has it that the wider selection favors buyers—it means more sellers will compete for their attention. On the other hand, that also means more buyers will vie for the most compelling properties.
Of course, when to start serious prospecting may be more dependent on individual calendars that are dictated by outside factors—so there’s no set answer for everyone. But there are a few powerful arguments why for some, setting out on a serious house-hunting expedition at the beginning of the year can be a good strategy:
- Prices aren’t likely to decrease. Most authoritative commentators expect the opposite. If they are right, getting ahead of the crowd would be an economical choice.
- Mortgage rates are, well, you know! It may be possible that interest rates fall even further, but it’s a lead-pipe cinch that sooner or later they will return to the norm, triggering a substantial increase in the dollars that the bank collects every month.
- If you are renting now, you’re already paying for the equivalent of a mortgage. A healthy market dictates that Costa Mesa rental prices settle at levels that meet or exceed the landlord’s breakeven point—meaning they cover his or her maintenance and mortgage expenses. Every additional month you send a rent check results in losing the equity you would have begun to accumulate once you close on your own home.
There is a fourth reason—but it’s not nearly as persuasive as the previous three dollars-and-cents arguments:
4. January is the month for starting fresh projects. Perhaps it’s just due to the turning of the page from the old year—but this does seem to be when energy abounds for striking out on important new initiatives. January is the month for momentum-busting.
Right now, there is a variety of Costa Mesa homes for sale. There’s never an obligation when you give me a call to discuss how to start serious prospecting for your new home!
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We are built on a philosophy of Heritage & Hustle. The 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 is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The 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, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has The 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 The 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 The L3 today at 714-444-4663 or email us at info@thel3.com
