The Real Estate Pulse

Spring is usually a month when real estate sales start to pick and begin to hit robust levels but this Spring has been anything but for the troubled real estate market…

Real estate sales have indeed slowed down and are slower then ever before for this time of the year but people are buying and in what seems to be increasing numbers.

With real estate plummeting why are people buying?

Mortgage rates are at an all time low at 5.88% for a 30 year fixed-rate loan and those that can withstand some short-term equity loss in a home that they plan on staying in for a while are jumping back into the real estate market and they’re not just looking.

It may in fact be a good time to buy for those in that position as there are plenty of good values out there with so many foreclosures on the market and with more and more sellers willing to negotiate.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.