Right now, the Tellico Lake housing market has all the ingredients for a perfect storm for buyers—especially those looking at 55+ communities like Tellico Village, Rarity Bay, and WindRiver. Rates are dropping and there are lots of homes to choose from. If you’ve been thinking of moving, this might be the window of opportunity you’ve been waiting for.
Why do rates matter?
Rates are a big deal when buying a home. When they go down, you can borrow money at a lower cost. Right now they are lower than they’ve been in a while so your monthly payments could be a lot cheaper than just a few months ago.
- Lower borrowing costs
- Smaller monthly payments
- Easier to qualify for mortgages
- More loan options are available
With rates dropping, more people can buy, so if you’ve been waiting, now’s the time to act while they’re still low. You might be able to get more home for your money!
Plenty of Inventory
Along with the rate drop, there’s also a good inventory of homes on the market in the 55+ communities around Tellico Lake. Tellico Village, Rarity Bay and WindRiver each have lots of options. You’ll find what you want whether you’re looking for small and simple or big and fancy.
- Lots of choices for buyers
- Homes with modern features
- Various price points
- Waterfront options
Having more options means you don’t have to settle for less than what you want.
Why Tellico Village, Rarity Bay, and WindRiver?
These three communities, Tellico Village, Rarity Bay, and WindRiver, are known for their beautiful views and amenities for 55+ residents. From golf courses and lake access to social clubs, fitness centers, and various events, they offer a lifestyle that’s hard to beat.
- 55+ communities
- Lake views and golf courses
- Sense of community
- Lots of activities
If you want more than just a house, these communities have the lifestyle to go with it.
It’s a “Perfect Storm”
Rates are low and inventory is good, it’s the perfect storm for buyers. Timing is everything in real estate and right now the conditions are in your favor. You can lock in a low rate, find the right home and settle into a 55+ community with lots to offer.
- Low rates
- Lots of homes
- Good time to buy
Don’t wait! Conditions like this won’t last forever. If you’re ready to move, now’s the time to start and make your dream home a reality.
Thinking of buying? It’s hard to pass up how everything is falling into place. With lower borrowing costs and lots of homes to choose from, your new life at Tellico Village, Rarity Bay, or WindRiver could be just a few steps away! Contact me, and let’s set up a Discovery Tour of our Communities. Call or Text 865-696-9002