Homeownership matters and Kevin Martini shares his 4 reasons to be optimistic about homeownership in the sixty-first installment of the Martini Mortgage Podcast.
#1 Reason to be Optimistic about Homeownership
The U.S Economy: The U.S economy is doing very well. It is experiencing steady growth, low unemployment and no real inflation.
‘It is my opinion, the economy is in an ideal state. If I may steal a line from the children’s story: Goldilocks and the Three Bears…this economy is not too hot nor is it too cold but this economy is just right.’Kevin Martini – Branch Manager & Senior Mortgage Strategist of the Martini Mortgage Group at Benchmark Mortgage
#2 Reason to be Optimistic about Homeownership
Wage Growth: According to a news release from he Bureau of Labor Statistics, real average hourly earnings increased 1.3 percent from May 2018 to May 2019. In addition, we are making more and working less!
#3 Reason to be Optimistic about Homeownership
Mortgage Rates: Simply put, home loan rates are EPIC! Low mortgage rates increase buying power.
#4 Reason to be Optimistic about Homeownership
Inventory of Homes For Sale: According to data from the National Association of Realtors, the total inventory of homes increased to 1.83 million…this is up from the 1.67 million existing homes for sale last month and a 1.7% increase from a year ago.
Is Homeownership Right For You & Your Family?
I do not know! What I do know, is you owe it to yourself to get the facts and you should find an experienced mortgage strategist that has a solid reputation and share your short and long term goals with that mortgage strategist. Here is a nugget…it should always be loan first then home.
Arm yourself with understanding the economics first before falling in love with a home..get you loan first…understand your loan first and then go shopping for your home armed with this knowledge. If you want or need help, Kevin Martini and the entire Martini Mortgage Group at Benchmark Mortgage are here…just give us a jingle at 9126.96.36.199.
Kevin Martini | NMLS ID 143962 | Senior Mortgage Strategist & Branch Manager | Martini Mortgage Group at Benchmark Mortgage | Ark-La-Tex Financial Services, LLC NMLS ID 2143 | 223 S West Street, Suite 900 Raleigh, NC 27603 | (919) 238-4934 | www.KevinMartini.com | Kevin@KevinMartini.com | Equal Housing Opportunity