Since the month of May we've seen the affordability of homes lessen. May showed a low increase in home prices along with a continuation of low rates. June has shown a growing interest rate resulting in families steering away from a new home purchase. This does not mean that the purchase of a home is valued less because of the decrease in affordability. It simply means that the market is turning over a new leaf and growing stronger every day. With years of cheap home prices and comfortable rates nearing the end,
the time to buy is now.
Read further into detail regarding this matter by clicking on the link below.
http://economistsoutlook.blogs.realtor.org/2013/07/10/latest-monthly-housing-affordability-index/
With questions, concerns, or interest in selling or purchasing a property, feel free to contact me.
Victoria Gregory
JC Harper Realty
victoriasellsrealestate@gmail.com
(904) 568-2008
No comments:
Post a Comment