According to the professionals at TexasLending.com, the nation’s housing market is showing more and more signs of health, with home prices and sales on the rise. These are all signs of a housing market that’s tipping back into balance between buyers and sellers, notes the team at TexasLending.com. Inventories are at their highest level in over a year which bodes well for rising home sales in the upcoming months as consumers are provided with more choices.
TexasLending.com also reports that 5.04 million homes sold in the U.S. in May – that’s the most since October 2013. Yet, some home buyers are still on the fence, wondering if now really is a good time to make a move.
The team at TexasLending.com encourages potential home buyers to take advantage of the still-low interest rates which are expected to rise over the next several years. Even a slight increase could mean hundreds of extra dollars per month on a comparative house payment. [Continue reading]