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Best Time to Buy a Home: NOW

Posted by Patrick on 5/22/2012


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This is most likely the best time to buy a home in (and for) generations. Here’s why:

Average home prices across the country are approximately 1/3 lower than they were at their peak a few years ago.

It is often cheaper to buy than to rent a comparable property…this is true for about 98% of America’s major markets.

Interest rates remain at historically low levels (and they can be locked for 30 years).

Buying a home is a hedge against a weak dollar…if the dollar falls after your home purchase, than it will take more dollars for someone else to purchase the same property.

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