Let me be the first to say "Welcome to California".
The National Association of Realtors is a forecasting a slight rise in home prices for 2012. But conditions will remain favorable for buyers.
Overall home prices are still at record lows, and so are interest rates.
What part of California will you be buying in? If you are interested in Orange County or Long Beach/Lakewood area I would be happy to assist you.
Kawain Payne, Realtor
As mentioned below interest rates, to remain low through this yr. 2012.
According to a surveyed buyers are out there /activity is up, but pricing remains low, and in some areas/ increasing. When you get pre-approved. Feel free to give me a call. I am very familiar with the Granada Hills areas.
I can gladly assist you with your home buying process.
Appreciate the opportunity to earn your business!
Pinnacle Estate Properties Inc.
24501 Town Center Drive. #104
Valencia Ca 91355
Cell 661 713-8780
2. Rates can fluctuate based upon what is happening in other parts of the world such as Greece, Spain, Portugal, and France. Since no one can determine what is going to happen in these variables along with 100 other variables, the best thing for you to do is lock your rate on a dip.
3. Regarding prices...that depends on your price range. Right now, million dollar homes are still declining at a good pace while low end homes around 200k are having a good amount of upward pressure due to supply and demand.
Call me in 3 months and I'll give you another update at no charge.