Quantcast

House Shopping: The time to buy? - KOAA.com | Continuous News | Colorado Springs and Pueblo

House Shopping: The time to buy?

Posted: Updated:
NBC NEWS -

The conventional wisdom is January is not the time to be looking to buy a home, but many real estate experts are beginning to take a different view.

"It's actually a good way to get in, especially as that new inventory starts to hit the market, even at the end of January," says CNBC's Diana Olick.

Olick and other real estate experts say the lack of inventory of homes available for sale will drive the market in 2018.

"Supplies are still near record lows and demand is so high that as soon as those homes come on the market, if they're well-priced, they will get eaten up," Olick notes.

Federal mortgage lenders are predicting an increase in home sales this year, even if interests rates rise from their current rate of just under 4-percent. That expected increase could further fuel the race to buy.

Read more: http://cnb.cx/2CT6TiZ

WEATHER
Drive the Doppler
  • Most Popular StoriesMost Popular StoriesMore>>

  • Colorado Springs Violent Crimes Unit investigating double shooting

    Colorado Springs Violent Crimes Unit investigating double shooting

    Monday, April 23 2018 10:22 AM EDT2018-04-23 14:22:16 GMT

    Colorado Springs Police have confirmed one person is dead following a shooting in the 5100 block of Airport Road Sunday night. Police said one person his dead, another is in critical condition as of Monday morning. 

    Colorado Springs Police have confirmed one person is dead following a shooting in the 5100 block of Airport Road Sunday night. Police said one person his dead, another is in critical condition as of Monday morning. 

  • Proposed bill could ban Colorado teachers from going on strike

    Proposed bill could ban Colorado teachers from going on strike

    Monday, April 23 2018 12:47 AM EDT2018-04-23 04:47:50 GMT

    A bill was recently introduced into the Colorado Senate that aims to prohibit public school teachers' ability to go on strike. 

    A bill was recently introduced into the Colorado Senate that aims to prohibit public school teachers' ability to go on strike. 

  • One person in custody after two people found dead in a car

    One person in custody after two people found dead in a car

    Monday, April 23 2018 12:21 PM EDT2018-04-23 16:21:15 GMT
    Police investigate after finding 2 people killed in a vehicle on Lower Gold Camp RoadPolice investigate after finding 2 people killed in a vehicle on Lower Gold Camp Road

    Colorado Springs police are investigating after finding two people killed with apparent gunshot wounds in a car on the west side.  

    Colorado Springs police are investigating after finding two people killed with apparent gunshot wounds in a car on the west side.  

Powered by Frankly

© KOAA.com 2018, KOAA.com
A CORDILLERA COMMUNICATIONS Station
All rights reserved
Privacy Policy, | Terms of Service, and Ad Choices

Can't find something?