I hope this month’s Newsletter fnd’s you well and in good spirits!
Interest rates dropped on a 30 year fixed rate by almost a ¼% last week causing stimulation in market activity and sales. This drop is the largest single drop in over a decade. This rate drop increases more first time buyers who were on the
border of their maximum qualifying purchase price to buy.
The 2-4 unit market continues it’s forward momentum. While inventory has increased a bit, it is still seen as a favorable market to invest in.
Let me know if you would like to investigate in more detail if investing in a 2-4 unit property It’s into your portfolio!
Did you know…
That FHA allows one to buy up to four units with 5% down? Some restrictions apply i.e.; You must plan to occupy one of the units. You cannot have purchased a property within the last 3 years.
Today’s Featured Property…
Two Bedroom, Two Bath
Townhome In Chula Vista!
Unit Includes New Refrigerator,
Stacked Washer & Dryer, Three
Storage Closet’s, Two Baconey’s,
A Front & Back Patio, Laminate
Priced at $299,900.-$309.900.!