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Now is the best time to buy in 4 years!

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

Posted by CHRIS HAYNES on 03/04/2008 12:03 PM

Comments (5)

nashville, tn, tennessee, rates, purchase, refinance, loan, mortgage, investor, investment property, middle tennessee, rehab

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

MAR

2008

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.

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