Is this the Year to Buy the Home?

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Housing prices have seen about a four percent increase since 2016.
News 13's spoke with Casper Real Estate agents about the trends we might see this year.

Buying a home is a big deal; sometimes it can be risky or even scary for some.

According to reports, the 2017 Casper housing market has real estate agents excited about the New Year.

Real Estate Agent at Broker One Gary Bryan told News 13, "Smart assets said that Casper is one of the most stable and considered to be one of the most stable growth markets in 2017."

The housing market is determined by the economy and has taken in its ups and downs the past few years.

Jim Edgeworth at Edgeworth Real Estate shared, “Our numbers are greater than 2016. So there were more sales in 2017 than we had in 2016."

So what does that mean for you?

Now is the best time to buy a home.

The New Year means new trends.

There are various predictions on what the housing market is going to do.

"I think pretty much we are going to see a lot more stable activity in 2018."

A lot goes into buying a house including: getting pre-qualified, finding the perfect home and the touchy subject of finances; though a good economy means good interest rates.

"Currently the housing market interest rates are holding around four percent. With those numbers, first time home buyers are able to enjoy three and a quarter percent."

The good news is the average home is selling for two-hundred-thousand dollars and homes are only sitting on the market for about thirty to forty-five days.

The reason for this; the range of housing Casper has to offer.

"You’ve got anywhere from a fixer-upper that's less than one-hundred thousand dollars. You know, up to you know a very expensive home."

Before making the investment, make sure you are truly ready to buy your home.

Buying a home is exciting, but it can be stressful.

Remember there are experts out there willing to help you throughout the whole process.