Do you have new home fever? As homebuyers look for larger homes that can accommodate the new style of living, many are looking to move up to a larger home.
According to this article in KeepingCurrentMatters.com, if you are considering a move, the mortgage rates are certainly favorable to purchasing a new home.
When you continually hear how rates are hitting record lows, you may be wondering: Are they going to keep falling? Should I wait until they get even lower?
The Challenge with Waiting
The challenge with waiting is that you can easily miss this optimal window of time and then end up paying more in the long run. Last week, mortgage rates ticked up slightly. Sam Khater, Chief Economist at Freddie Mac, explains:
“Mortgage rates jumped this week as a result of positive news about a COVID-19 vaccine. Despite this rise, mortgage rates remain about a percentage point below a year ago.”
While rates are still lower today than they were one year ago, as the economy continues to get stronger and the pandemic is resolved, there’s a very good chance interest rates will rise again. Several top institutions in the real estate industry are projecting an increase in mortgage rates over the next four quarters.
Could this be the time for you to move up to a new home at Hillandale in Historic Roswell? With only 36 homes total, the neighborhood is intimate, a place where you can get to know your neighbors from a gracious front porch or invite friends over to enjoy the alfresco dining spaces in each home. Two homes are currently available but continue to check back frequently to get updates or stop by and take the tour.
The Hillandale Plan |3020 Barnes Mill Court |5 Bedrooms, 4.5 Baths| 4,327 Sq Ft| 2-Car Garage
Luxury Charleston inspired plans, the Hillandale, built by award winning Patrick Malloy Communities. Impressive millwork greets guests upon entrance into main floor guest suite. Family room opens into two separate patios and gourmet kitchen and expansive kitchen island. Enormous owner’s suite with trey ceiling and transom windows for added natural light. Owner’s bath with free standing tub, frameless shower & copious amount of cabinets as well as substantial owner’s closet. Huge laundry room off owner’s bath. Three large secondary bedrooms with private bathrooms.
Not ready to move just yet?
You can choose a pre-sale home and enjoy fantastic homebuyer incentives such as $30,000 in Design Options* and $5,000 in closing costs with preferred lender.* Some restrictions apply; ask sales consultant for details.
No matter where you choose to live, it is essential to choose a community that offers events, activities, cultural and natural wonders plus great places to eat & shop. Get your day started by exploring over 200 independent restaurants, galleries, shops, business services, performing arts, and natural wonders. Every neighborhood of the historic district offers a unique way to spend time and make memories with family and friends. Explore here
Excellent schools include Roswell North Elementary, Crabapple Middle School, and Roswell High School. These schools boast a perfect college readiness score of ten. Roswell High School was named in the top 500 STEM schools in the United States.
New Homes in Historic Roswell from the high $ 700’s
Call the community for an appointment at 770-254-5372 or visit our website.
Our neighborhood is located at 9295 Coleman Road, Roswell | Get directions here | and is currently open by appointment only
We are rising to the challenge of providing our customers with comprehensive digital tools to tour, choose, and do the paperwork to purchase your new home in time to move this summer. Contact our on-site agent to schedule a Zoom or Facebook Live virtual tour. Call 770-254-5372 for more information.
*pictures may be of like home