Undeniably, mortgage rates are below historic numbers. Just this week, according to this article in Housingwire.com, “Average mortgage rates for 30-year and 15-year mortgages fell to all-time lows this week, Freddie Mac said in a report on Thursday.
Record Low Mortgage Rates
The 30-year average is 2.86%, breaking the prior low of 2.88% set in the first week of August, and the 15-year average is 2.37%, beating last week’s record low of 2.42%, mortgage financier said.
“These low rates have ignited robust purchase demand activity,” Khater said. The second thing to remember is that the housing inventory is extremely low. New homes are being sold before being finished, and even resales are creating bidding wars.
The supply of homes on the market was the lowest for any July since NAR started tracking the data about five decades ago, said Lawrence Yun, NAR’s chief economist. Sales of new houses probably will rise 17% to 800,000, Yun said.
Keeping that in mind, if you are in the market for a new home, it is wise to make your move now to Aqua Bella in Dania Beach. These homes are exquisite with gorgeous stone accent front elevations, brick paver driveway, private rear patios, covered balconies on the exterior. On the interior, it is easy to find fabulous gourmet kitchens with quartz or granite countertops, walk-in pantries, spacious upstairs master suites with sitting areas, and a spacious master bath.
Rocklyn Homes is offering $7K in buyer incentives on selected inventory homes. [ check with onsite agent for full details]
Water Front Homes
Act quickly to choose your waterfront home; only a few remain! What if you could access the water from your deck? One move-in ready home is now available on the water with two more slated for the very near future. Make your move now if you want a waterfront home.
With only limited homesites remaining, Aqua Bella has proven to be a great new home community. Call today to schedule your virtual tour or onsite appointment to choose your new luxury townhome.
Sampson floorplan offered only one left! Spacious 3bd/2.5ba luxury townhome. Gourmet kitchen with quartz countertops, modern tile backsplash, and walk-in pantry. Stairs lead to the master suite overlooking waterway views, dual vanity, tile flooring, tile shower, and a large walk-in closet. Two car garage, stone accented fronts, covered balcony, and first-floor patio. Waterfront with private dock, ocean access! Closing 2021 under construction now
Living in Dania Beach, Florida, will give you effortless access to Fort Lauderdale and Miami. Easy access to the airport and the beaches, it is the best of two worlds! As everything starts to return to previous levels, there will be many activities and events year-round. Dania Beach is a great area to choose your new home.
Priced from the Mid $ 400’s to the $ 500’s
Award-Winning Rocklyn Homes is one of Atlanta’s Top Homebuilders in the Atlanta Business Chronicle. Ranked Nationally at #68 in the 2019 Builder 100 List by Builder Magazine. Rocklyn builds quality single-family homes and townhomes with award-winning plans in the Metro Atlanta and Fort Lauderdale, Florida areas from the high $ 100’s to $ 500’s.