Tuesday, August 5, 2014

Should We Be Cheering Slower Home Price Gains?

Should We Be Cheering Slower Home Price Gains?
Housing Slowdown Could Be Good for Buyers: The growing signs of a slowdown in the housing market might be good news for home buyers. Slowing home prices—after the double-digit increases last year—mixed with still-low interest rates are making homes more affordable. Also, the supply of homes for sale today represents 5.8 months of demand, the most since October 2011. But despite low interest rates and slowing home prices, first-time home buyers have mostly been absent from the housing recovery so far.  'From an individual perspective, the best investment you can make is to buy a primary residence and analysts, for example, expect housing prices to rise, read more.

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