An article written back in 2007, though not recent, is still relevant. At the end economist Russ Kashian is quoted as saying, “We’ll be in a slow market through 2009. After that, well, we have a growing population, and they have to have somewhere to live.”
He was right. Everyone has to live somewhere.
“RISMEDIA, March 18, 2011—While affordable housing prices, ample inventories, and historically low interest rates signal ‘buyer’s market’ for investors or move-up buyers in many U.S. markets, inexperienced first-time buyers may not know if the time is right to make a move into real estate.”
We’re currently in a buyer’s market. As you look for a place to live and decide whether or not to buy there are a few things you can do to put your mind at ease:
1) Follow this link to read the rest of the article quoted from above.
2) Hire a realtor with an Accredited Buyer’s Representative (ABR) designation.
3) Check back on our blog each month for more news and tips!