realtytimes.com - The best time to buy is when market conditions suggest a bottom.
That means there's still some risk for homebuyers, since no one has a crystal ball that predicts the future. To take advantage of low mortgage interest rates and home prices still well below previous records, you may have to take a risk, such as riding out another short-term dip in property values.
But the rewards may be well worth it. Here are five reasons to buy a home right now.
1. More jobs are available 2. Houses are a great hedge against inflation 3. Housing price increases are slowing 4. Mortgage interest rates are still low 5. Pent-up demand ready to release