by Neil Kearney | Oct 2, 2012 | case-schiller, Home Appreciation, Interest Rates, Statistics
One reason we have had a great year in the housing market is the continued availability of low interest rates. The chart above shows 30 year fixed interest rates starting in January of 1972. When I entered the real estate industry in 1992 interest rates were in the...
by Neil Kearney | Nov 2, 2011 | For Buyers, General Real Estate Advice, Interest Rates, Purchasing Power, Real Estate 101
Most real estate buyers can’t afford their home. A first time buyer who saves up for a down payment, has good credit still can’t afford their home. Being able to afford their home means paying cash. When a buyer says that they can afford a $300,000 home...