1. Interest rates are very low compared to the past. According to the National Association of Realtors the rates are as low as they have been in 40 years!
2. There is a larger inventory of properties on the market then there are buyers (a buyer's market) - Note: This is changing, a savvy buyer will find the right home now before the market evens out, or even shifts into the sellers favor.
3. Real estate is a great investment. It is extremely difficult to find such a stable investment with relatively predictable conditions each year. Here in Kansas that trend has been an increase in value, and recently the worse case has been no increase at all, but usually not a decrease. Remember, that's about to change again!
If you have any questions about these issues, please give us a call at: 913-226-2193, or email us today!