home sellers: NOW: Time to Take Action If You Are Looking to Buy - 05/04/12 01:26 AM
“Buying a home cannot get any cheaper than it is right now.” Headlines like this will not be as frequent in the year to come according to predictions made by housing experts. Housing prices are down 34% nationally since 2006. Chief economist for PNC Financial Services expects these historical rates to flatten by the third quarter of this year.
REASONS:
Decline in Foreclosures: The process is being streamlined and buyers are getting less trigger shy with snagging foreclosures up.  Job Growth: Rising unemployment rates increase the confidence in the economic market as well as the housing market. This translated as … (2 comments)