The Market in 2017 again showed very strong increases across the board in both dollar amount and # of Sales. The market is increasing strength, and that makes it a great time to buy. Values are still slightly below their high water mark in 2008. Couple the lower prices with unbelievably low interest rates, and you have a perfect buying storm.
Consider a buyer whose gross annual income ($60,190) allows them to make a monthly payment of $1,555. The $1,555 monthly payment qualifies them for the following loan amounts on an FRM:
Buyers focus solely on prices, but the real value in owning and financing a Lake home is what your interest rates will be long term. The savings are astronomical. These artificially low rates will not last forever, don’t wait for a big spike in rates to purchase. Buy now and save$$$$$!