That's right, this is not a trick, it's a treat! Now is the best time to buy a home in the last 20+ years!

What you say? But the market is down. You're right the market is down HOORAY! The price of homes is way down. How much farther down will they go? Well nobody really knows for sure, but in some areas you can buy homes for less than it costs to build them and that can't last. The fact of the matter is, if you are in it for the long run, say 5-7 years, you will be fine.

Combine that with Super Low Interest Rates! Come on now, a 4.3% national average for a 30 year fixed rate loan! That's the lowest it's been in 40+ years, somebody pinch me! The bottom line is, rates really have nowhere to go but up! Sure, you might see a 0.25% drop but there is not much room for more than that. The banks need a decent spread to stay in business.

There is lots of inventory on the market to pick from, including some killer deals in the foreclosure arena. But what about this foreclosure paperwork mess you say? The Title Companies are still writing title insurance on these homes and as long as they do, you will be OK. As per Pat Stone President & CEO of WFG National Title Insurance Company "We are not worried. We will continue to write title insurance policies on these bank owned foreclosure homes. If one ever does becomes a problem, the bank will make us whole, they can't afford not to."

So, low home prices and low interest rates equal the perfect storm of home buying oppurtunity.

Mark my words, 1-2 years from now, people who didn't act will be looking back and saying "What was I thinking? I knew it was a great opportunity but I was too afraid to pull the trigger." Don't run with the herd, because the herd is running to be slaughtered. Break away and think for yourself. Interest rates will go up making homes less affordable, it's just a matter of time.

Donn