Is it a "Good" Time to Buy?

Have you heard a friend, relative, or even REALTOR, say to you "It's a Great time to buy real estate!"? It is a common phrase, and you may wonder its validity as February is upon us, and often many are looking to buy and sell in the upcoming spring months.

Consider these facts from the National Association of Realtors (NAR):

As a buyer there have never been more homes on the market for you as a buyer to choose from. Inventory is at an all time high. Additionally, interest rates are at their lowest in a 40 year period.

Consider these major driving forces as a buyer. You have your pick of a home, and additionally your home mortage rate couldn't be better. So, what do you think? Is it a "good" time to buy real estate?

For more information on the article from NAR visit:

Its a Great time to Buy a Home