Although the economy is soft and consumer confidence may be low, new data from the National Association of REALTORS® shows positive signs for the future. If you’ve been sitting on the fence, waiting until the market Is “just right” to buy a home, take into consideration these 10 key facts to understand about today’s market:
1. The 30-year mortgage rate is at generational lows. 2. The private sector is finally creating some jobs.
3. The national median-home price is stabilizing.
4. Though it grows slowly, the economy is currently growing. (more…)