Coldwell Banker Residential Brokerage 1081 N Palm Canyon Drive Palm Springs, CA 92262 Each office independently owned and operated.
LUCIO BERNAL
Old Las Palmas O L D L A S PA L M A S L I V I N G . C O M
Broker Associate | CalBRE# 01236217 CLHMS, Million Dollar Guild
310.383.2466
Lucio.Bernal@camoves.com
JON M. SMITH CalBRE# 01959566 ILHM Member
323.309.6416
JUNE 2018 R E A L E S TAT E MARKET REPORT
Jon.Smith@camoves.com
W W W. O L D L A S PA L M A S L I V I N G . C O M
WAITING CAN COST! HOW D OES WA I TI N G AFFEC T TH E S ALE OF YOU R H O M E A S I N T ER ES T R AT ES R I S E? Housing agencies predict that interest rates could reach new highs by the end of 2018, increasing the overall cost to purchase, thus greatly reducing the number of qualified buyers!
IF INTEREST RATES RISE FROM 4.44% TO 5.1%...
LOAN AMOUNT
INCREASED COST
$1,000,000
$143,364
$3,000,000
$430,092
$5,000,000
$716,819
$8,000,000
$1,146,910
Jonathan and Angela-Marie, Call 310.383.2466 or 323.309.6416 to learn how our marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!
Interest Rate as of March 15th, 2018 was 4.44%, Freddie Mac predicts a 5.1% interest rate by the end of 2019.
Presented by The Bernal-Smith Group YOUR OLD LAS PALMAS REAL ESTATE SPECIALISTS
Prepared Especially for Jonathan and Angela-Marie Williams