THE PERFECT STORM

If you read my May 14th post, you know that 71% of Americans feel that now is a great time to buy a home (Gallup 4/09). As my good buddy, Jeff Appel has said, "We are at a unique point in time which we will probably NEVER see again. Right now MONEY IS ON SALE AND SO ARE HOUSES."

Even the Homebuilder's Association is feeling confident about the current state of the market. NAHB Chairman Joe Robson said recently, "Builders are responding to what they perceive to be some of the best home-buying conditions of a lifetime." He also echoed Jeff Appel's opinion that mortgage rates are at an artificial low which we may never see again.

Right now homes are more affordable than they have been in 18 years. As a result, first time home buyers are seizing the opportunity and entering the market. In conjunction with low prices, cheap money and government incentives, now really is the time to buy!