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DAILY REAL ESTATE NEWS
“It’s hard to argue against buying a house now, assuming you can get a loan,” writes John Waggoner, a columnist with USA Today. Sure, Waggoner says that getting a credit check for approval of a mortgage can be a “only slightly less intrusive than a CIA background check,” but for those who are able to qualify, a lot of analysts say that now can be a good time to purchase a home.
The 4 reasons given are:
1. The price is right.
2. It’s cheaper to buy than rent.
3. Inventories of for-sale homes are shrinking.
4. Mortgage rates are at record lows.
