5.75 Reasons Why It Is Time To Buy A Home
January 5th, 2008 Categories: Real Estate News
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Is This A Good Time To Buy A Home?
Let’s Take a Look at the Facts
Interest Rates Are 5.75% (depending on credit score)
Inventory is Ripe
Unemployment is Low
There Are Deals To Be Made
Stop listening to the media.
Dave Fox of KUTV News was involved in a loan fraud scheme. He made no money and was responsible for all the payments on a house. Are you going to listen to the media now?
Now I am aware there are some parts of the market that are still going to correct itself and prices are going to slide back. Back that is less than half the available homes and are way above the reach of the average buyer.
If you think prices are going to drop in 362,000 and under range (FHA Loan Limit) good luck.
Search over 15,000 Homes for sale along the Wasatch Front
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The best reason I have seen not to listen to the media is this statement- “Dave Fox of KUTV News was involved in a loan fraud scheme. He made no money and was responsible for all the payments on a house. Are you going to listen to the media now?”
Excellent. And he is considered a reliable source? Hah! There are definitely deals to be made right now.