Housing Market: Now May Be the Best Time to Buy!

Here's another article by TIME magazine among many out there about the state of the housing market. The time to buy is now!

"You can still take advantage of low prices in most places around the country, and mortgage rates are at once-in-a-lifetime record lows: 30- and 15-year fixed mortgages are around 4% and 3%, respectively."

"The number of people signing contracts to buy houses rose by around 4% in March, according to the National Association of Realtors, and is the highest it’s been in nearly two years."

"A new survey from home builder PulteGroup finds that 60% of people renting today would prefer to own their own homes, the Wall Street Journal says. This is good news if you don’t plan on being a landlord forever. When mortgage lending standards loosen, there will be pent-up demand from all those renters looking for a place to call their own."

Read more:
Housing Market: Now May Be the Best Time to Buy Real Estate | Moneyland | TIME.com:

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