Comments on: The Residential Real Estate Market Slips https://realtybiznews.com/the-residential-real-estate-market-slips/98722043/ With the latest on mortgages, refinancing, real estate & home tips Tue, 07 Oct 2014 16:47:46 +0000 hourly 1 http://wordpress.org/?v=4.0 By: Brian Kline https://realtybiznews.com/the-residential-real-estate-market-slips/98722043/#comment-256032 Wed, 28 Aug 2013 15:12:18 +0000 https://realtybiznews.com/?p=22043#comment-256032 Hi Stu,
Thanks for commenting on the article. Here’s my take on what you are considering. Home prices remain near historic lows. They are not at all likely to go any lower. Interest rates are also extremely low by historic standards. Yes, housing prices are likely to stagnate for a short period of time (market adjustment). Probably less than six months. Then prices will start going up and interest rates are likely to be north of 6%. Now, remains the best time to buy for the foreseeable future. The only draw backs are the low inventory means fewer houses to chose from and investors are still buying, meaning home-buyers have more competition. Even if prices remain stagnate for a longer period of time, buying means you are investing in yourself. When you finish school, you can sell to have a down payment for a home wherever you move to next.

Let me know any other thoughts you have.
Brian Kline

]]> By: Stu Dent https://realtybiznews.com/the-residential-real-estate-market-slips/98722043/#comment-256017 Wed, 28 Aug 2013 04:53:05 +0000 https://realtybiznews.com/?p=22043#comment-256017 Very Interesting.

I was considering buying a home instead of renting near the campus of the college I attend but after doing the math it didn’t seem worth it. I considered it because I was wondering if housing prices would continue to go up and if that were to be the case if it would be a sound investment. But if mortgage rates continue to go up will prices stagnate do you think?

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