House prices are stable and if anything, they are expected to continue to go lower, which is another reason that it’s an ideal time to buy. It has been a sellers market for years; but it has now transitioned into a buyers market, making it a great time to jump in. Not only are prices relatively stable, but there are deals to be had.
It’s easy to get caught up in all of the talk about the economy and put off buying your home until next year, but there are many opportunities available. Did you know mortgage payments are often lower than those monthly rent payments you are making? Homeownership brings a sense of pride and value, so think about where your rent check is going every month and make an investment in your future.