For home buyers the year 2012 will go down as the best year to purchase a home base on the affordability index, this according to National Association of REALTORS®. See aricle by copying and pasting this address to your browser; http://rem.ax/VS2DjL. The affordability index is a measurement of average wages, national home price averages, and current interest rates. Based on these measurements 2012 was the highest ever at 198.2 as of November. All indications are 2013 will be the 3 highest year for affordability of homes. This means, Buyers should not linger or fence sit while the best time to purchase a home passes you by. This holds true for up sizing home as well as down sizing. Great news in this economy for those looking for a home to live in. Contact me for more info.
