Where are the buyers? It seems that buyers like buying when it is a seller's market. When prices are going up quickly, three maybe four buyers may line up to make offers on a property sometimes thousands above asking price. If you like buying high, then now is not a good time for you to buy.

Here are two great reasons to buy right now: Number 1: Interest rates are now near historic lows for a 30 year fixed rate. That means, that the home that you may have wanted, is now more affordable than ever. Number 2: It is a buyer's market. Prices are at the lowest level in years and most sellers are willing to negotiate.

Give this a thought: Can one successfully time the stock market and hit it right at the bottom? That's nearly impossible. Same with real estate. Trying to hit the very bottom of the market may not be a wise thing.  When more buyers realize that right now is an amazing opportunity to buy a home, asking prices will jump up quicker than even the experts may think is possible.

Here is a quote to make you think about today's market: "A crisis is a terrible thing to waste." 

Don't waste this historic buying opportunity! 

Remember, whether you are buying or refinancing, our licensed professionals at www.AboutHomeMortgages.com want

to assist you with securing your next mortgage.

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