Moving forward can be one of those annoying, cliché business terms, like at the end of the day, or it's a win-win. But when it comes to buying or selling a home, that's exactly what you want to be doing. Moving forward.
For the past few years, many people have stuck in their home - or maybe their parent's home - either trying to save money for a down payment, or waiting for home values to rise in order to sell. A wait-and-see mentality kept many people on the sidelines, waiting to make their next move.
Government shutdowns aside, this happens to be a great time to move forward with your home buying or selling plans. Interest rates are still phenomenally low - 30-year mortgage rates averaged 4.32% for the week ending on 9/26. And it is still cheaper to buy than to rent.
"These low rates should somewhat offset the house price gains seen the last number of months and keep housing affordability elevated," said Frank Nothaft, chief economist for Freddie Mac.
· Moving forward can mean getting your home cleaned out and fixed up.
· Moving forward can mean getting your pre-approval in hand.
· Moving forward can mean finally calling a REALTOR® to go over comps in your area.
Sometimes moving forward just means starting. One step in front of the other, until before you know it you're cruising towards your home buying or selling objectives.
And moving forward, that's a win-win for you.