Have you been thinking about buying a home, but still standing on the sidelines? According to John Kreiss, a REALTOR with Prudential Prime Properties, that may no longer be a winning strategy.
"Inventories are low, demand is increasing, and for those waiting for rates to drop to last year's lows, good luck. Rates are still very low, according to historical standards. As a result, it's cheaper to buy than rent in many cases,"
according to Kreiss.
"For those believing that rates will go down further in this market, or that prices are going to drop anytime soon, they may be living in the past."
For more information, contact:
John P.Kreiss,REALTOR®,CBR®,SRES®,e-PRO®
Certified Real Estate Divorce Specialist
Prudential Prime Properties
125 Turnpike Rd. #7
Westborough, MA 01581
Direct: (508) 826-6920
Fax; (508) 329-1303
http://www.johnpkreiss.com