According to realtor.com, Phoenix is one of the top-ten hot real estate markets to watch this year. Why? Because it still has affordability compared to other major metropolitan areas. Whether you are looking to relocate locally or move from another state, great values are available in every price range. For more detail, click on this link: http://www.realtor.com/news/top-10-hot-housing-markets-watch-2015/
Another reason to consider buying a home in 2015 is the opinion of economists that mortgage interest rates are expected to inch up during 2015. Currently, we still have ridiculously low rates hovering in the 4% range. I remember (and I am dating myself) when I purchased my first home the rate was over 7%. They inched up to 10% and then went crazy – up to 18%. For many years no one ever expected to see single-digit rates again. Why not act on this incredible opportunity that might vaporize over the course of the next year or two?