With every Forth of July comes fireworks, fun and patriotism. Decorating with red, white and blue is a trend that continues to grow, so much so that realtors are jumping on the Independence Day bandwagon to lure in buyers.
This holiday weekend, numerous open houses and home showings will catch the eye by displaying their American pride through balloons, banners and signs in the colors of the flag. According to real estate news magazine, RISMedia, prideful displays are a pleasant sight to potential home buyers.
"Whether it's patriotic seed packs, American flag notepads, American stick lawn flags, Forth of July real estate postcards or house-shaped jar opener, there's no shortage of options for real estate professionals when it comes to showcasing their American pride.
Patriotism and joy in being an American is apparently high on house hunters priority list, as seen in studies that show homes are valued higher if they have a view of July Forth Fireworks.
Meanwhile interest rates are at a three year low with conforming no-point 30-year fixed mortgage rates average 3.5 percent while the 15-year rate is near 2.75 percent.
Do you have a question for Real Estate & Mortgage Analyst Mehran Aram? Submit your queries about a home purchase, refinance, or reverse mortgage via Aramco.Biz, social media (#AramcoReport), or over the phone at (866) 381-8888 and your questions may be featured in an upcoming article.