If you are even thinking about buying, then all I can say is - do it sooner rather than later.   Here is why you should be buying:

• We are at historic affordability.  Prices nationwide are down an average of 36% from the peak and rents are rising.  It’s never been cheaper to buy a home.  Mortgage rates hit an all time low of 3.87% in February.
• 2012 is projected to remain flat and then pricing is expected to appreciate 1.75% in 2013, 2.71% in 2014, 3.23% in 2015, and 3.32% in 2016.
• The Case Shiller Pricing Index for the US shows you can buy a house for the same price as in 2003.  However, with the lower interest rate, the house will cost you less.
• The cover of Barron’s Magazine for March 19, 2012 – “Home Prices Ready to Rebound”
• John R. Talbott, (Bloomberg News calls him the” Prophet of Real Estate”), said in Dec. 2011, “it is now time to buy a home”.

Based on personal experience as well as hearing what other local Realtors are saying, activity levels have increased and we are actually seeing multiple offers on properties as well as quick sales for those homes that are properly priced for the market. In the words of John R. Talbott, a finance expert who predicted the housing bubble –“ run, do not walk to your neighborhood banker and finance a new home”.  Whether buying or selling, if you want to work with a REALTOR® in the know, then give me a call!  603-526-4116

Donna Forest, Broker Associate