We understand that many consumers are skeptical about the real estate market today because of the mixed reports. Of course buying a home is situational and a personal decision, but we are here to report the FACTS from the experts.
According to Jim Woods of the Wall Street Journal, he says “Yes, mortgage rates still are near historical lows, but if we see these rates rise, then the cost of a new home could climb significantly. So, now could really be the best time to pull the trigger on that home purchase – and it could also be your best investment right now“.
According to Shawn Tully, senior editor for Fortune, “Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing.”
He also said “Let’s state it simply and forcibly, Housing is back“.
Neither of the two above authors are known for positively promoting the real estate industry, other than writing for esteemed sources. They both came to the same conclusion.
The New York Times best selling author Adam Leitman Bailey, author of “finding the Uncommon Deal” believes that this is the best time in modern real estate history to be buying a home.
That being said, maybe it is time to listen to the facts.