Friday, June 10, 2011

News: "Why its time to BUY"

I will leave you into the weekend with this nice article from the Wall Street Journal

<http://online.wsj.com/article/SB10001424052702304563104576361522020024248.html>

*There is a lot of GREAT information in this article, I know its long but the content is gold*


SUMMARY:
  • Mortgage rates are at a 50yr low
  • Homes are more affordable today than in past years
    • Ratio of home prices to income is lower than 2010 (this is good)
  • Long-term benefits of owning a home are still intact
HOUSING_CHART1
enjoy the weekend

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