The real estate market is changing. While it's still a seller's market, some of the frenetic activity of the past several months has slowed. Buyer's are still asking should they buy now or wait.
If you're in a position to buy now, why wait? Interest rates are forecast to go up. Home prices are expected to continue to go up, but perhaps at a slower pace.
Then of there are those out there who suggest that things will change dramatically and we'll see a significant decline in house prices and the housing market.
Where ever you fall on buying now or waiting, it's important that you do your homework to prepare yourself if you're seriously considering buying. Step 1 - finding out how much house you can afford and getting pre-approved.
There are a number of resources out there to learn more about the homebuying process, including Freddie Mac's My Home site.
You can also contact me and we'll talk about getting you started on the path to homeownership. A little conversation can go along way in helping you reach your goal.
