Real Estate & Mortgage by Crestico
Do you feel inundated with headlines about the state of today’s housing market, saying things like “Foreclosure sales are up.” “Real estate prices are down.” “Borrowers are defaulting on sub-prime loans”?? Well, you are not alone! It is very easy to be confused and uncertain about whether now is a good time to buy a home. The turbulence we are experiencing in the housing market is not all problematic. For many, this is just the beginning of a sea of opportunities.
The National Association of Home Builders reports that the number of homes sold that were affordable to the median household income for the nation as a whole has increased overall and pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the NATIONAL ASSOCIATION OF REALTORS®
That means more homes have become affordable for more people. If you have good credit and your finances are solid, there are also other ways you may be able to benefit from today’s housing market! Let us at Crestico help you get into the home of your dreams!