It really is a good time to buy.
I recently read an article written by Star Michael J. Maher, MBA. In it Maher calms many fears and gives facts about the Real Estate market that every person, whether you are buying, selling or just looking should know. Maher says this:
“Conforming interest rates and loan programs, those backed by Fannie Mae and Freddie Mac, have not been significantly impacted by recent events. Those with good credit and some money to put down are easily flowing through the system as usual. Even better, interest rates have come down from recent highs. While this is good news, the market is experiencing unprecedented volatility and changes could come at any time. Buyers in Investors need to act swiftly and decisively in today’s climate. They need to be educated!” Maher goes on to say “The sky is NOT FALLI NG. The loans that should not have been placed two or three years ago are no longer available. This is a good thing. For those who take action, now can be a time to accumulate wealth.” There is a good supply of inventory out there. If you’re considering buying, now really is a good time.