Many potential home buyers are quietly sitting out of the market.  For them, they still think home prices will continue to fall and that interest rates will also drop again.  These people couldn’t be more wrong.  Now is a great time to buy.

Interest rates are at record lows even though there has been a recent slight increase in rates.  Home prices have never been lower and in some markets, prices are starting to inch up.  So, if you don’t act now, you could be one of those people that will say, “I wish I would have…”.

Along with favorable rates and prices, many states are requiring continued education for realtors and mortgage brokers.  For example, mortgage broker continuing education updates brokers to the newest laws and regulations and ensures buyers are dealing with firms that have passed minimum standards.

Don’t wait any longer for that ‘sweet spot’ because it’s already here.  Inventory in foreclosure homes is down significantly in many markets and neighborhood by neighborhood many home prices are rising.  In fact, Realtors in some areas are receiving multiple offers on just listed homes.

2011 is truly a good time to buy.