Washington’s best-selling new home community, Tehaleh, teams up with the best local homebuilder, Azure Northwest Homes, responding to consumer needs creating one-of-a-kind, affordable, single-family homes in an amenity-rich community with picture-perfect views of Mt. Rainier.
Lower interest rates surely get the fence sitters to make a decision about buying a new home but other factors also weigh on potential home shoppers before they turn into home buyers.
The 4% mortgage is back! The average rate on a 30-year fixed rate mortgage was down nearly a quarter point this week from a week earlier, its biggest drop in over a decade. Mortgage rates are fast approaching 4%, low enough to help the housing market rebound as the spring season approaches.
Consumer opinions about homebuying continue improving in Q1 2019, with 65% of respondents in a National Association of Realtor’s survey of households saying they believe now is a good time to buy a home and 37% strongly holding that opinion.
With spring selling season about to kick off, lower rates will restore buying power to potential home buyers and counteract continued home price increases and economic uncertainty.
