It’s Official It’s Time to Buy a Home! Share
August 10, 2012
If you don’t believe me maybe the Wall Street Journal or Warren Buffet will convince you!
One of Warren Buffet famous quotes is “Be fearful when others are greedy, be greedy when others are fearful."
If you were afraid of buying home or have been sitting on the fence, now is the perfect time to buy! In the last seven months housing prices have risen and housing inventory is shrinking! Just check out the latest S&P/Case-Shiller Index. Best of all interest rates are still at historical lows; advantage goes to the borrower as long as they can qualify.
As I have mentioned many times, home prices and interest rates are so affordable that it makes more financial sense to own rather than to rent. In fact the latest article from CNN Money states:
“For people who are willing to stay put for a few years, buying a home has become a much better deal than renting in almost every major housing market in the nation”.
Home Buyers don’t hesitate anymore as Nike’s slogan states “Just Do It”
If you’re a Home Seller now can be a good time to list your home there is not much competition out there! Call your local Realtor (aka Me) to get your move started!!