Clear, and 68 ° F. Good Time To Buy Spring Real Estate
Sunday, June 7th, 2009
With Mortgage rates at record lows, and an abundance of houses on the Spring market, the time is right to buy a new Spring real estate property.
In an effort to help jump start the flagging Spring housing market, the federal reserve recently lowered interest rates, opening greater access to money for lenders. This normally makes it easier to qualify for mortgage loans for Spring real estate. And this is certainly the case, however, you may also have been hearing that big-name lenders are folding up and tightening their loan requirements.
It’s true; the mortgage loan market is experiencing turbulence and lenders are acting nervous. But don’t let this scare you; the truth is that banks are still making money on loans, and the Spring economy is more stable than the nightly news people want you to believe.
Buying a new house in the Spring real estate market is making a lot of sense right now because prices are good and there are plenty of choices. Smart real estate investors will look to this kind of opportunity to get the right house at the right price.
If you are interested in learning more about our local Spring real estate market, give me a call. I am currently showing homes in the Spring area, and would love to show you some of the great deals we have out there.
-Alfred Castillo, REALTOR ®, 281-433-9434
Find me at our real estate website at: www.agentcastillo.net