If you can qualify for a loan, now is the time to buy!
Friday, 11 February 2011
If you are able to get a loan, real estate is ‘as affordable as it gets’ according to data from Moody’s Analytics. Home affordability has returned to pre-housing bubble levels or even fallen below the average in many U.S. markets. In September 2010, the ratio of home prices to annual household income had fallen to
- Published in Uncategorized
Why “Now” is the time to buy!
Thursday, 10 February 2011
•Mortgage rates continue to be at or near historical lows •Low rates and recalibrated home pricing is driving the highest level of “home affordability” in the history of this index •The challenge to the buying opportunity created by high affordability is relatively low consumer confidence given the economic recovery we are in •High affordability struggles
- Published in Uncategorized