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Is Now The Right Time to Buy?

By
Real Estate Broker/Owner with Park Avenue Properties Of Colorado Springs LLC DRE#40004755

With all the changes that have happened in the real estate market lately, many people are wondering, “Is now still a good time to buy?” The answer is YES! As long as buying makes financial sense for you, the market is still providing great deals for buyers.

CoreLogic, a real estate data and analysis company, recently reported that foreclosures across the U.S. were down 14% in December 2013 over the same month in 2012. This is good news for buyers, because it means that they have a better selection of homes to choose from. Distressed properties often come with their own challenges; many require extensive repairs to make them comfortable. With fewer of these homes on the market, buyers won’t have to worry nearly as much about needing to make repairs after closing as they would have just one year ago.

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