
Nistler Home Building Blog
Now's the time to buy...May 9, 2014![]() Your purchasing power ability is driven by the monthly mortgage payment you can afford. For example if you can afford a monthly payment of $1,000 for a $225,000 home mortgage now, but decided to wait a year, a 1% increase in interest means you’re your budget friendly $1,000 payment now gets you home mortgage of only $200,000. That’s a 10.75% decrease in the home price that you can afford. Analysts are predicting that the federal government may consider increasing interest rates in 2014. Increasing Home prices also affect your purchasing power and in the Gallatin Valley they are being pushed upward by demand and tight inventory. While home prices do have an effect, experts like Dan Green of TheMortgageReport.com believe that “changing mortgage rates do more to influence home affordability than changing home prices.” With interest rates and home prices rising, now is the time to consider purchasing a home. We suggest that you consult with a financial advisor or any online mortgage calculators like BankRate.com and MortgageCalculator.org can to determine what you can afford. In the meantime, we’ll continue doing what we do best - building and selling homes and condos - and we’ll be ready to say Welcome Home. _____ Information used in this Blog cited to TheMortgageReports.com Website. We work with great people!April 9, 2014![]() We would like to say thank you to our vendors who understand the importance of adding value and delivering the quality that homeowners expect. The Flooring Place is one of them who provided exceptional service in adding the finishing touches to our homes. We would also like to thank the following the Realtors who were able to get all 16 condos under contract prior to the completion of construction – your professionalism is greatly appreciated! Keller Williams Marian Britt Everdawn Charles Travis Svensrud Trina Slater Wyatt ERA Landmark Sue Frye PollyAnna Snyder Small Dog Realty Heidi Pfeil Sandra Cassaday Mountain Sky Realty - Wade Peck Witt & Associates Realty - Sharon Witt Bozeman Broker Group - Dan Porter We appreciate your experience and commitment that ensured the best home-buying experience for your clients. Thank you to all of you that were a part of this project! "We bought a house!!!"April 7, 2014![]() View Kacie Q's blog: Home is where your love is. Thanks to Realtor Dan Porter of the Bozeman Broker Group for helping Keithen and DC purchase this home! | Subscribe Chrome users click here to install an RSS reader in your browser! |