“Conditions are coming together to encourage people to want to buy homes,” says Doug Duncan, Fannie Mae’s chief economist. “Americans’ rental price expectations for the next year continue to rise, reaching their record high level for our survey this month. With an increasing share of consumers expecting higher mortgage rates and home prices over the next 12 months, some may feel that renting is becoming more costly and that home ownership is more compelling house choice.” 

Are you part of the 73% increase of people who think that now is a good time? With home prices and rental prices estimated to rise in the months to come, any hesitation may detriment a buyer-to-be’s chances as securing the deal they want.


Source: “Americans’ Expectations Align to Encourage Home Buying,” RISMedia (May 6, 2012)

Read More

Buying is Cheaper Than Renting in Nearly All Major Cities

 

0 Comments on More Reasons to Buy v. Rent


What does the graphic say?
Leave a response…


(optional)
Spam Prevention:
 
Img_1679 Rainmaker_large

Tim Hart

Tim Hart

Bozeman, MT

More about me…

At Home In Bozeman

Address: 2101 Durston Suite #4, Bozeman, MT, 59718

Office Phone: (406) 570-5730

Cell Phone: (406) 570-5730

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find MT real estate agents and Bozeman real estate on ActiveRain.