It is a buyer’s market, with greater purchasing power and affordability. Call me now so I can help you find and move into your dream home. 303-548-8732
Buyers have an advantage in the current market because homes are more affordable than they’ve been in the past two years. Affordability is calculated on home prices, income levels and
interest rates. Interest rates are way down as well, see the chart below. With a smaller payment as a percentage of income more buyers are able to afford homes and current buyers are able to buy more with their money.
Mortgage Rates Like these can mean payments under $1000 for you!
12/31/08 5.10%
12/27/07 6.17%
12/28/06 6.18%
No comments:
Post a Comment