THE BEST TIME TO BUY A HOME... IS NOW

By: joanne elizabeth | Posted: 05th March 2006

Strong mortgage lending along with just recovering REAL ESTATE market makes investment in REAL ESTATE a very good proposition. So concretize your plans, take them from the drawing board & act... Time is providing opportunity of a lifetime.

According to a recent report published by THE TIMES UK, the average costs of a home fell for the first in an eight month period. The nation wide survey brought forth the fact that rates fell by about 0.2%.

However a cut in rate of interests by Bank of England monetary committee has been ruled. Rate of interest are free zed at the moment at 4.5%. This has been particularly done to prevent a further increase in demand for property.

As per Greg fuzesi, senior economist, March is one of the most promising months in terms of REAL ESTATE transactions. A further downturn in the REAL ESTATE is not thought feasible by most of the experts in the domain.

So, for people who aspire to own a home, this might one of the best seasons.
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Tags: economist, downturn, rate of interest, real estate transactions, drawing board, mortgage lending, real estate market, bank of england, opportunity of a lifetime