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In 2011, the financial ability for Americans to buy a home reached its highest level in 30 years, according to the housing affordability index (HAI) produced by the National Association of Realtors® (NAR). Housing affordability considers home prices, mortgage rates and family income.

NAR's housing affordability index shows that in the first half of 2011, the typical monthly mortgage payment for the purchase of a median-priced existing home is only 13 percent of gross household income, the lowest since recordkeeping began in 1970.

Reduced home prices, the lowest recorded mortgage interest rates in U.S. financial history and rising family income have combined to create an extraordinary market environment. Top mortgage and real estate professionals have never been busier serving the needs of buyers who know a rare and valuable opportunity when they see one!

Another factor that makes buying now a great idea is the expansive choice of inventory. Multiple communities and neighborhoods have an exciting selection of fine, affordable homes for sale. What could be better than low prices, low financing and lots of choices?

Keep in mind that the real estate and mortgage industries have experienced an intense amount of change in the last two years. That's why it's so important to work with experienced, successful financial professionals and real estate agents like myself. Together we form a natural team that serves the comprehensive needs of homebuyers, from knowing the very best home loan programs to suit your needs to neighborhood-level knowledge that only an experienced real estate agent can provide.

Call me today and let's discuss how YOU can take advantage of opportunities in this once-in-a-lifetime real estate market.

Adam 831-566-8075

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