Good news for all of us in the USA. It was reported today that home sales were up 5.1%, for February 2009. Adjusted sales were 4.3 million. What does this indicate? Things are improving, slowly, and yes people are buying.
Is this a good time to buy, is a question that I have been asked at almost every public event I have attended. My answer is simply, "Yes". Think about it, home affordability is at its highest point in several decades. For those of us baby boomers, this is one of the best times to take advantage of a second home, a lake home, or to diversify your portfolio of investments. (Which by the way the stock market was up nearly 500 points today) And remember the low interest rates available to us all. As I checked this morning you could buy a 30 year fixed rate mortgage at 4.5%. Selection is almost at an all time high as well or at least since the early 1980's. Why not take advantage of this opportunity for diversification? Stop by Four Tier Realty, or give us a call. We take pride in showing you all that the market has to offer. Happy house hunting!