Signs of positive change in the housing market
are everywhere. Housing prices are seeing gains
that are the highest in six years. Investors, who
led the California market off the 2009 market
bottom with all-cash demand for distressed
properties, are still bullish and a force to be
reckoned with. Mortgage rates are at 50-year
lows, and housing affordability remains at record
highs. For the majority of potential homebuyers,
the recommendation based on a “buy versus
rent” analysis is unequivocal: it’s time to buy. So
the housing market is on the road to recovery
with all systems go – right? Not exactly. There
are a few significant speed-bumps, with the
biggest by far being a lack of inventory.
Read More
No comments:
Post a Comment
I appreciate your comment, questions, and suggestion and will respond to all of them as best as possible.