×
Menu
Search

Housing stats imply its time to buy

According to a recent report from Global Insight, an economic and financial analysis forecasting firm, current housing statistics indicate that now is the right to time to buy.

They claim that the U.S. housing market as a whole is undervalued by 3.8 percent. Global Insight analyzed 330 metropolitan areas in the United States and found that 241 metro areas experienced price declines in the third quarter of 2008 in comparison to 150 metro areas in the second quarter.

The markets that were hardest hit were in areas that were most overvalued three years ago. This study, a combined effort by HIS Global Insight and National City Corporation represented 78 percent of all existing housing units in the United States.

Low interest rates and increased affordability make today’s market a buyer’s dream!

READ MORE ARTICLES

FROM OUR BLOG
What Documents Do You Need for Mortgage Preapproval?

What Documents Do You Need for Mortgage Preapproval?

Getting preapproved for a mortgage is one of the most exciting steps…

Read More
Retiring to Florida

Retiring to Florida

Retiring to Florida Retirement opens up exciting new horizons and presents the…

Read More
Neighbors Helping Neighbors

Neighbors Helping Neighbors

Supporting The Communities In Which We Serve To date, we've donated $23,392.42.…

Read More

the jana caudill team
has sold more real estate in
nwi than any other realtor!

work with us

The Jana Caudill Team delivers unparalleled service to all of our clients with honest representation, communication, attention to detail, and results. Reaching your goals is our number one priority.

Neighbors Helping Neighbors