When Is It The Right Time To Buy?
This question is presented to me three and four times a day. And, frankly, no one can tell you that this is the perfect time to buy a home…
However, I can give some pretty compelling arguments that NOW is a really good time to buy.
Consider the following:
Home prices in some areas have dropped by 10% in the past year alone.
Values are at their lowest levels in five years.
Interest rates are at almost historic lows…. Did you know that the Average 30 yr fixed rate loan from 1992 to 2008 was 7.06%!
Historically, when rates are down home values are up, and when rates are up, home values are down.
Zero to 3% Down Loans can still be done!
The present combination of great home values and low interest rates makes for the perfect opportunity to purchase a home.
This is probably the best time to buy a home in 20 years!
If I can assist you in the purchase of a home or an investment property, please contact me.