Great time to buy

Mortgage rates for 30 year conventional loans have once again dipped below 5%.   Below the 5.2% first quarter average.

Home prices are still low, making this a great time to purchase a home.  Even if you are a move up buyer and may lose money selling your home, the amount you gain from buying in a depressed market coupled with low interest rates could mean tremendous savings when you look at the big picture.

Real estate really is a strong investment.  Despite the stunning crashes of the last few years, Forbes Stephane Fitch reported that real estate in the US is actually still worth 58 percent more per square foot than it was in 2000.

This may be the last window of real opportunity to buy with interest rates low and selling prices low.  Don't wait - there is only a brief second when the market reaches the bottom and the prices start to rise again!