Kathy O'Brien Realty - Lake Champlain & Vermont

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Why its a good idea to buy a home in 2017

With interest rates still low, but climbing, house prices rising in price and inventory at a low, its smart to buy now before you have to spend more money for the same property! “With more than 95% of first-time home buyers dependent on financing their home purchase, and a majority of first-time buyers reporting one or more financial challenges, the uptick we’ve already seen may price some first-timers out of the market," says Chief Economist Jonathan Smoke, who pulled together the realtor.com 2017 housing forecast.

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