1) Interest rates: lowest ever.
2) home prices down
As you can see from the above chart, the level is down to 13%. This means that the average home would take 13% of a typical income, to buy a typical home with a 10% downpayment.
If you need a home and can buy, buy a home now.
RealEstateGuy has been a full time, full service Realtor since 1993. He is dedicated to helping people achieve their Real Estate Goals and dreams. In order to provide more specialized service, he created a team of hand picked specialists. Guy believes in constantly learning more, so regularly attends national seminars and trainings. Guy has been a top producer, leader in his office, a president of the Wisconsin chapter of CRS, and has spoken at the Realtor Conventions.
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