Blog Post

U.S. home prices posted a 5% annual gain, according to the latest S&P CoreLogic Case-Shiller Home Price Index three-month running average that ended in July. That is the part of the good news. The other part is:

Mortgage rates falling to 24-month lows and a high probability of further rate reductions, there is a significant chance that the rate of home price growth will bottom out over the next months and then reaccelerate at the end of the year or at the beginning of next as the purchasing power of homebuyers begins to reflect a more favorable rate environment according to the National association of Realtors latest news release. 

We are Whitestone with our nearly 27 years of experience believe there is no other better time to buy than now, before rates go down fueling demand again as so many buyer have been out of the market. Demand goes up, then prices and our costs go up. Look at what financial Guru Dave Ramsey says if you don't believe us. He says this is the lowest prices will be in a long time.