The Millennium Tower is the city’s tallest and chicest apartment building yet and is on track to sell out before it even opens. There are already sale agreements on more than 90 percent of the 442 luxury condos. With opening day set for next summer, that gives the developer plenty of time to make deals for the remaining 40 or so units.

Mortgage rates have been skimming rock bottom for a while now but they have finally started to rise again. Some homebuyers feel they've missed the window of opportunity. However, this is not the case. Here are a few reasons this year is a perfect time to finally become a homeowner.

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