Interest is heading up...at least that is what Yahoo had on their site today. I have heard that it would be going up and couldn't stay super low for ever.This is just one of many good reasons to think at least about buying a home now and not waiting until the "Bottom" occurs.

No one can time the bottom...if they could they would all be millioniares! One thing is for sure though if you wait too long to purchase waiting for the bottom then you will be paying more each month..How that you ask? Well if interest goes up 1% in the next year waiting will cost you many $$$ over the life of your loan...if you keep it 30 years I don't even want to think about what that extra 1% will cost you!

The inventory is still pretty high and there are still many REO's to choose from so now is a great time if you have been thinking about it.

The last "Steal" had 25 offers on it here in Redding...Can you imagine how many offers it would have had on it if the market were coming back and everyone agreed that we had already hit the bottom?? 30-35?

Rick Goates

Atlantis Realty Group

Keller Williams Realty

Redding Ca 96001

530-248-5627

www.inforedding.com