This could be the best time in a generation to buy a home. Here’s why:

  • Housing affordability is the best it has been in decades.
  • Nationwide, average home prices are approximately one-third lower today than at their peak in 2006.
  • The cost to buy is very often less than the cost to rent a comparable property. In fact, buying is cheaper than renting in 98 out of America’s 100 major markets.
  • Interest rates are at an historic low, and today’s low rates can be locked in for the next 30 years.
  • The general economy appears to be improving, with employment increasing, median wages rising, and little indication of possible inflation.

Overall, conditions indicate today may be the perfect time to buy a home.

Thanks for reading.