home sales: If you didn't believe me, take it from and Economist - It really is a good time to buy
- 01/30/11 11:55 PM
January 31, 2011 A few days ago I wrote a post about this being a good time to buy a home citing three conditions that I believed make this a desirable time to buy: Employment Outlook, Consumer Confidence and Interest rates. Well I was right, at least according to the NAR Baseline Outlook prepared by Lawrence Yun, Senior VP and Chief Economist at NAR published on 11-05-11. Yun cited the following items that are "compelling". Stability in Home Values, according to Macromedia home values are expected to rise modestly with only a 4% gain in 2014. The mortgage rates have bottomed … (4 comments)
January 31, 2011
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