Housing Affordability Near Highest Level In 18 Years

Texas Real Estate – Financial Opportunity of a Lifetime

Housing Affordability

Housing Affordability Near Highest Level In 18 Years

Houses are the cheapest they’ve been since 1991. Bolstered by affordable interest rates and low prices, nationwide housing affordability during the second quarter of 2009 continued to hover near its highest level since the series began 18 years ago, according to the National Association of Home Builders (Aug. 19, 2009). You have the financial opportunity of a lifetime.

Mortgage Rates Remain at 37-Year Lows

The average rate for a 30-year-fixed mortgage has dropped to the lowest levels in 37 years – since Freddie Mac started surveying interest rates in 1971!

Less Homebuyers = More Negotiating Power

Real estate agents need to sell homes. With low competition for homes, you have an opportunity to negotiate for big savings. The struggling market gives you the upper hand, but make sure your realtor is a tough negotiator.

Leaman Team wants to make sure your questions are answered. Please call Leaman Team today to discuss your home financing: (512) 710-1400 or email LeamanTeam@LoanPeople.com.