Is It A Good Time To Buy A Home?

When is it a good time to buy a home? This a question that I am often asked and my answer is Now! It's a great time to buy a piece of real estate. In the cycles of real estate, this buyer's market won't be around forever. Ten years from now, we will look back and see these times as a great home buying opportunity. Don't miss out!
Interest rates are Historically low! Inventory is on the rise... Many buyers are getting 30-year fixed rates at 4 percent. Which is an amazing rate for the long term investment. Also, as an investment home prices are at generational lows with foreclosures and short sales hitting the market, giving buyers more homes and options to choose from. If you are a buyer, now is a great time for you to be picky. Buyers 5 years ago were often rushed into their decision making, with homes on the market for less than two weeks you had to be fast when finding a home. In a typical buyer's market, purchasers have more time and negotiating power than the sellers, Bank owned properties may be more competitive..
House searching during fall and winter makes buying a home less competitive, since most of the people purchasing are doing so during the summer before school starts up again.
It's the Fall/Winter Selling Season. Typically, sellers are motivated and interest rates are at all time lows. Don't let this cycle pass!
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