Bill Redfern is a contributor in this article on GoBankingRates.com.
If you are thinking about buying a home, you are not alone. According to the New York Times, more Americans are getting home buying fever; home prices have seen the biggest increase in the past seven years over the the past month, in all 20 cities in the Standard & Poor’s Case-Shiller index. The latest report is building on a three month sustained increase.
With all of this good news about the housing industry, prices are inching up but mortgage interest rates remain low, making this an ideal time to make the transition to homeowner.