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Dan Brassil

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4 Reasons Why NOW is the Perfect Time to Buy a Home

1. Affordability
According to the National Association of Realtors’ housing affordability index, housing affordability will be at its highest in a generation this year. The affordability index is comprised of median home prices, median family income, and the prevailing mortgage rate. An index of 100 implies that a median income family has just enough income to buy a median priced home. An index of 120 implies that a median income family has 20 percent more income than is necessary to buy a median priced home. The index reached an all-time high (since the data creation in 1970) of 174 in 2010. This year, it looks to surpass 180.

2. Buyer’s Market
Demand is low; supply is high. With so much selection, you’ll find more properties in good school districts or near your job, or homes that offer added value. Most of the other buyers have now vanished, as the tax credits on purchases have just expired. Take your time looking, but once you find a home at the right price, don’t hesitate.

3. Low Mortgage Rates
Mortgages are cheap. You can get a 30-year loan for around 4.3%! As recently as two years ago they were about 6.3%. That drop slashes your monthly repayment by a fifth. If inflation picks up, you won’t see these mortgage rates again in your lifetime.

4. Homeownership  
Pride of ownership. You can have the kitchen and bathrooms you want, paint the walls any color you desire, turn up the volume on your stereo, and decorate your home according to your own taste. Few landlords are so indulgent. Home ownership gives you and your family a sense of stability and security. You’ll feel better about your own place if you own it than if you rent.

If you are interested in obtaining information on buying a home, or just have some questions about St. Louis Real Estate in general, contact me at DanBrassil.com.

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1

Dan was honest and looked out for my best interest. I truly felt like he listened to what I wanted in a home.

9

Employing him as our realtor was the best decision we could have made as first time homebuyers.

11

Dan was the most honest and straight forward person during the entire process.

3

We’ve sold two homes with Dan and purchased one and each experience with him has been nothing short of low stress and great results.

5

He guided us through the process of 3 different offers and made sure that we weren’t over paying.

4

His knowledge of the city and older homes was a huge help in carefully evaluating the condition of each home we entered.

7

You could tell his effort was a reflection of his desire to genuinely help us and do well at a profession he’s obviously passionate about.

6

He went above and beyond when trying to help get us in a new house when ours sold so much faster than we expected.

8

Throughout the whole process, he was on point, always had an answer or a solution to our concerns.

12

Dan and his assistant Christy kept us on point throughout the contract process.

2

He helped us do what felt like the impossible, buy a home well within our price-range, with the space we need in the location we want.

10

He was instrumental in getting issues addressed that came up in the inspection and made us feel confident that we were making a sound investment. 

About

about-dan

"As a community specialist, I match buyers with homes and sellers with the marketing and pricing advice that sells."

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Broker/Sales
Licensed Missouri Realtor

601 E Lockwood Avenue
Webster Groves, MO 63119

3353 Roger Place
St. Louis, MO 63116

8151 Clayton Rd. Suite 301
Clayton, MO 63117

M | 314.452.8211
O | 314.352.5200
E | info@danbrassil.com

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