Monday, 7 May 2012
Best Time to Buy is Now
Buying a home may never get any cheaper than this. Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market. With home prices down and mortgage rates at historic lows this means homes have never been more affordable. But it won't stay this way for much longer. Experts predict the market is expect to flatten out in the third quarter and start increasing next year. Good news for sellers!!
Prospective home buyers who've been sitting on the fence don't have to worry if they aren't quite ready to make the leap. Analysts are predicting that the initial price gains will be modest at least, in most markets but, one has to worry with the economy turning around will that lead to higher interest rates.