patrick.net

http://ochousingnews.com/blog/july-housing-market-update-prices-creeping/

Unexpectedly low mortgage interest rates allow buyers to raise their bids and push house prices higher on stagnant incomes.

In my opinion, the housing market has been boring lately, as prices have been flat, and sales volumes are low. The market is in a new “normal” pattern of low inventory, low demand, and low sales volume. The lack of volatility makes for a wonderfully boring housing market.

We all dance around one big question: is it a good time to buy?

Source: http://ochousingnews.com/blog/july-housing-market-update-prices-creeping/#ixzz374a7QFrg

#housing