Is It A Good Time To Buy A House??

perfect! I frequently write about this subject, and your chart nicely drives the point home.

Always, maybe with the exception of late 2006! Interest rates will never be lower and prices are poised to go up over the near term. Whether investing or buying a home to live in, don't look back and say"I wish I had!"

Melissa

I'll have to give this one a few hours and reblog. Historically low interest rates. Definitely a great time to buy

Melissa

It is a great time to buy in Colorado, as probably most of the country.  Your chart is a great example!

Great chart, Fozzie!  If you qualify and are ready for home ownership -- this is a GREAT time to buy!

Melissa - Definitely a GREAT time to buy. Thanks for the practical, simple visual. Still, people will question this because of market conditions, but I remind them that owning puts a roof over your head, gives you some tax breaks for interest paid, and an opportunity to build equity, and with interest rates holding this low, it IS a great time to buy!

Melissa ~  Really like your chart -- people love to have things in an orderly fashion.  And, YES, yes, yes, I do believe it is an excellent time to buy!

If you’re willing to buy a home to live in, raise a family in, retire in, and perhaps even die in, it’s always a good time to buy a home.

Melissa, what a great visual! I hope you don't mind if I borrow to use when I'm asked the same questions. Thanks!

Melissa, nice chart and it makes the point

This is a good illustration of what the savings can be with the lower interest rates.  However, the question remain ... the the market continue to dip.  some say yes, and other say no?  The other big worry is jobs.  So it really depends on each person's situation.

Melissa, I use this info all the time to answer buyers that ask that question, but I love the visual.  Yours' definitely get the point across.

Thanks for letting me re-blog Melissa - this is such a good visual for people to really get it.