Call me for all your real estate needs in Gills Rock, Ellison Bay, Sister Bay, Ephraim, Fish Creek, Baileys Harbor, Egg Harbor, Jacksonport, Sevastopol, and Sturgeon Bay.
RESULTS WITH INTEGRITY
C + B = A
Conceive + Believe = Achieve
In this issue:
DOOR COUNTY IS IN FULL BLOOM!
Door County June Events: Midsummer's Music Opening at Birch Creek, Paddlefest in Sister Bay, Kayaking Death's Door...
Tick-Tock… What Are You Waiting For?
Last week a local lender quoted 2.65% on a 30 year fixed rate loan and just yesterday, that same lender increased the rate this week to 3.875%. That 1.225% just cost a potential buyer 32% more on a $200,000 loan! (The first year's interest on a $200,000 fixed rate loan at 2.65% over 30 years is $5,246.42…at the increased rate of 3.875%, the interest paid the first year is increased to $7,696.50).
Even with the 1.225% rate increase, home loan interest rates are great! If we compare the current rate of 3.875% to 6.5% (the historic average is around 7% or 8%), you’re saving 42% in annual interest payments!
Door County real estate inventory is bountiful. You've worked hard and your ducks are in a row to turn this dream into a reality. So, what's stopping you? What are you waiting for exactly? A smart Buyer who is considering a Door County property purchase knows NOW IS THE TIME TO BUY! Call me, I am here to help!
"The only thing that stays the same is change.”