5 housing trends this winter
Thinking of buying a home? Don’t take too long. There is no question this is still a buyers’ market, but you’ll find with a wave of investors in search of good deals, the bargain homes are selling at a much quicker pace. The low prices and low mortgage rates won’t disappear overnight, but they won’t last forever.
“This is one of those times that, 10 years from now, people are going to look back and say, ‘If I only had made the decision,’” says Shaun White, a vice president for the RE/MAX real estate network.
And for those who have been waiting to refinance their mortgages but couldn’t because their home values have tumbled, your chance to take advantage of historically low rates should be here soon — if all goes as planned.
Here are some of the housing and mortgage trends you can expect to see in the first quarter of 2012. Read More.