Just because temperatures are cool does not mean that Tahoe Keys real estate is! As I have discussed in past blogs, buying in the winter is a great time to snag your home for sale in Tahoe Keys. In fact, you could be doing a huge disservice to yourself by waiting until summer. Here are 5 key reasons to NOT wait to buy real estate in Tahoe Keys. 

• Prices are only going to increase. In fact, CoreLogic’s most recent Home Price Index showed that home prices have gone up 6.3% in the last year. It also reports a predicted increase of 5.2% over the next year. 
• Mortgage interest rates have also increased and are expected to continue to go up. While they are still historically low, even the little increase will impact the monthly mortgage on your Tahoe Keys real estate. 
• You are paying a mortgage regardless, so it may as well be yours. Think of a mortgage payment as a type of forced savings. When you pay your mortgage on time each month, your Tahoe Keys real estate gains equity that you can tap into later on. 
• Housing affordability is a hot topic in South Lake Tahoe. Which means that finding a rental at an affordable price point is difficult right now. You should be applying what you would be paying towards rent, to a home you actually own for the reasons above. 

Remove the fact that home prices and mortgage rates are on the rise. If they were not, would you still be looking to buy? It is important to keep in mind your motives for moving and buying a home for sale in Tahoe Keys. If you are interested in more information on real estate in Tahoe Keys, give me a call at 530-308-4331.