Despite ongoing media reports that the housing market is still gloomy, and rentals are now showing a stronger trend over homeownership, now is still a good time to buy a home. With an overabundance of homes for sale on the market and interest rates at record lows, buyers have more options as to the type of home they would like to settle down in.
As part of the home buying decision-making process, buyers should consider the neighborhood their dream home is located in. Important factors such as school districts, the number of current distressed properties, surrounding home and yard conditions, and amenities in the neighborhood should all be taken into account before placing a bid. http://bit.ly/mlOaHA