The Wall Street Journal‘s third quarter survey of housing market conditions reveals what most agents already know: home prices are down. That makes it a great time to buy! Further, The Wall Street Journal reports: “monthly mortgage payments on the median priced home—including taxes and insurance—are lower than the average rent levels in 12 metro areas.” That means that if you’re thinking of signing another lease–don’t. Just yet anyway. At least take a look at what you can afford. It’s a great time to see properties because sellers that are on the market this time of year are anxious to have their properties shown. And they may be more willing to negotiate. The results of the survey are revealing. Read the entire article here:
Stronger Lure for Prospective Home Buyers