There is always going to be that ever-so-popular 64 thousand dollar question.  Sometimes there’s no easy or simple answer.  But right now, I think there is one.  And that answer is “YES”.  It most definitely IS a good time to buy real estate, especially here in the Lodi, CA, Stockton, CA, and pretty all the surrounding areas in the San Joaquin and Stanislaus County areas.

Home prices are lower than they’ve been in years.  Incentives like the $8,000 tax credit are plentiful.  But here’s the real kicker, interest rates are said to be on the rise.  Oh, they’re still lower than ever right now, but from what I hear and read, that’s not for long.

All indicators point to rising interest rates in the coming months.  I don’t believe there’ll be a spike that makes your eyes pop out, but it’ll be enough that you’ll surely notice it in higher monthly mortgage payments if you wait to purchase.  At Realty World – Davis Homes & Properties we work with lots of investors and especially first-time home buyers to help them get the best deals on some really good homes.  Either way you slice it, right now it’s a buyer’s market and you could be in the driver’s seat.

I came across a short video on YouTube that talks a little about these topics and more.  I think you’ll find it informative.  CLICK HERE to view.

I’d love to hear what your thoughts are about what you see in the video.  Please take a moment and click on ‘Comments’ and let me know.

Thanks and make it a great day!

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