Monday, June 27, 2011

It?s the best time to buy real estate, not rent, since 1986

If you can afford it, of course. Home prices today in your area are likely the cheapest they have been in years. Mortgage rates, too, are hovering around all-time lows. Meanwhile, the cost to rent is around the same it has been and will likely grow year-after- year. In fact, since 1986 it’s never been [...]

Source: http://blog.foreclosure.com/2011/06/its-the-best-time-to-buy-real-estate-not-rent-since-1986/

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