But the measurement is not a precise indicator. All is relative. Were mortgage rates to go up, folks would opt to buy homes more quickly, despite what the pundits at the Federal Reserve now think. (See the Earl J Weinreb NewsHole® comments.)
Sunday, April 8, 2012
When Is The Best Time to Buy a Home?
Some pundits compare the historical cost of buying a home to renting instead, (Using the ratio of the price of a house to rent.)
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