We’re witnessing history of epic proportions.

Remember the 80’s? Do you realize that interest rates were at a record high of 18%? Thats right, 18%! People still bought homes!

Too young to remember the 80’s? How about just a few years ago? Interest rates were historically low, but home prices were “head-shakingly” high. Buyers were making offers at a staggering pace and the market was flooded…driving prices even higher. Tragically, many of these people were not in a position to purchase a home and they paid the ultimate price.

Today, home buyers have an opportunity like never before: interest rates are historically low and home prices are down. This convergence is historical. Add in a tax credit for first time home buyers and we’re witnessing history.

If you are in the market for a new home, start your home search at MLSonline.