So, is it time to buy?

All the signs seem to be indicating that right now is not the right time to be out there looking to buy your own home.  Atlanta mortgage rates have been on a bit of a roller-coaster ride over the past few months.  30-year fixed rate mortgage rates have risen 16 out of the 26 weeks year to-date.  There’s an abundance of inventory on the market, with little movement taking place; and the average number of days that properties are on the market on an upward spiral across the nation.  So you may well be thinking you should hold off on that property purchase.  If so, likely as not you’ll be doing yourself no special favor.  Yes, Atlanta mortgage rates have been on a roller-coaster ride over the past six to seven week – but when you make a year-on-year comparison, then Atlanta mortgage rates are still lower than a year ago.  Yes, housing sales are lower than a year ago, and there does appear to be a growing amount of inventory.  But, the fact is these are prime indicators of why right now is exactly why it should be time to think of buying your own property.  Because, it is, after all, a buyer’s market out there today and you could find yourself picking up a fabulous little bargain.  And that’s why right now is exactly the right time for you to be thinking about buying yourself a house.