Not simply because mortgage rate hit the bottom for the past 30 years, but also because there are so many uncertainty that might influence the real estate market in the end of the year. Therefore, it's about time to start looking out for houses now and try to make your decision before end of November. Presidential election, Europe debt crisis, and large bank financial reports are all major factors to the real estate price towards the year end. It doesn't necessary mean that it will be the last chance to buy the house at bargain but it will be the last chance to buy the house at bargain BEFORE the real estate market begins to fluctuate. Don't try to buy the house at the lowest price possible but try to buy it at the RELATIVELY lower price because no one knows when is the bottom, not even Warren Buffet.
California Realtor, Real Estate Agent. Jim Hung 626-757-1520
Paul Shih Realty DRE# 01242746 359 S. Rosemead Blvd, Pasadena CA 91107
