Kim Hannigan, Publisher
From the Publisher
Stabilizing home prices combined with continued low mortgage interest rates have persuaded 72 percent of Americans that now is a “good time” to buy a home—up 19 points from 2008. That’s one of the findings from a recent Gallup Poll, which has plenty of lessons for fence-sitting homebuyers.
In addition, expectations about housing prices have improved from last year. Thirty-four percent of Americans expect the average price of homes in their area to increase over the next year—the highest percentage since June 2007. When this is combined with the 43 percent expecting house prices to stay the same, a total of 77 percent see housing values in their area stabilizing or moving higher during the year ahead.
This recognition that now is a good time to buy a home is good news for everyone associated with the real estate business and for the economy overall. But it also means that the historically favorable buyers’ market may be drawing to a close.
There’s no question, however, that as confidence—and demand—increase, prices will follow. So, now is the time to make a move. We can help with news you can use, including listings of move-in-ready homes.
Have you been waiting to buy? For the best deal possible, don’t wait any longer.
KIM HANNIGAN
Publisher
kimh@florida-homebuyer.com