I just read an article on-line that said that homes are now at the most affordable rate in that they have been at in the last 4 years.  This is because of falling prices in overvalued markets, and also a larger inventory of homes on the market, fueled by foreclosures.  This is certainly good news, that homes are once again becoming affordable to the average person. 

Thanks,

Chris Haynes

http://www.besttnloans.com/

http://money.cnn.com/2008/03/04/real_estate/markets_less_overvalued/index.htm?postversion=2008030412

 

4 Comments on Now is the best time to buy in 4 years!

I would have to agree the low rates, and great buying opportunities are out there.  I don't think the climate could be much better.

 

03/04/2008 12:11 PM by Coldwell Banker Sky Ridge Realty

Hi Chris,

Absolutely!  It is nice to see that those who were priced out of the market are now able to get in.  We are working with a young couple now that has only been able to lease and now are able to purchase.

Have a great week.

Michael A. Caruso

03/04/2008 12:12 PM by Michael Caruso Real Estate Group

This is a great opportunity for a lot of people - you are correct. For someone who is looking to buy a home now is the perfect time.

03/04/2008 12:20 PM by P. Timothy McDonald (Gordon, Tobin, & Read)

Very much!! Great opportunities!

03/05/2008 05:31 PM by Colorado Real Estate - Christina (Colorado Real Estate)

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Loan Officer: CHRIS HAYNES (Peoples Home Equity Inc.)
CHRIS HAYNES
Brentwood, TN
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Peoples Home Equity Inc.

Office Phone: (615) 727-5593 Ext.: 105
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