Writes Marc Roth with Businessweek.com. He goes on to say "you may not be stupid or broke. Maybe you already have a house and you don’t want to move. Or, maybe you are a Trappist Monk and have forsworn all earthly possessions. But…if you want to buy a house, now is the time, and if you don’t act soon, you will regret it. Here’s why...historically low interest rates!!”
Marc goes on to say “As of today, the average 30 year fixed rate loan with no points or fees is around 5%.”
You should also consider the large selection of homes and declining prices. It's like a candy store for buyers...for the time being. We expect that home pricing is beginning to stabilize. Once new construction kicks back in…we should see a slow rise in pricing.
Don’t forget the tax credits are good through April, 30th with a close of June 30th, 2010. If you want more information or want to be set up on a home search, please email us at piketteamrealtors@hotmail.com or kevinpiket@johngreenerealtor.com.