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But the interest rate stood at lower than 5% as yesterday, every government on the world touch their hand in their economy at all times, 25% of the transactions is cash buyers (27% in CA, 56% in Florida, 40% in Arizona, 42% in Nevada), and there is the question for "95% of loan", since 40% are 1st time buyers, the rest are move up buyers, they must be had the equity in their sold homes, maybe 95% of the mortgages was sold to Fannie mae and Freddie mac.
Well, I must be tired of saying by myself "It is good time to buy".
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For Sale: $155,000
For Sale: $230,000
For Sale: $199,000