While much of America is still leery of the national housing market, there is a silver lining when thinking of buying a home on Lake Nacimiento! First of all, there are many beautiful homes available in Oak Shores or Heritage Ranch on Lake Nacimiento from which to choose! If you’ve enjoyed visiting Lake Nacimiento and have been considering buying a vacation home or permanent residence on Lake Nacimiento; now is a great time to do so!
A recent report from Money.CNN.com, notes that home affordability has drastically improved since the housing market boom. While renting seemed to be the better option the past few years, we’re seeing a shift in renting prices that’s causing an increase in home sales. According to the government’s Consumer Price Index, renting is now more expensive than buying a home in many areas around the country.
National Association of Realtors chief economist, Lawrence Yun, predicted that this year we’ll see the highest affordability condition in 40 years! This news, however, is not meant to encourage buyers to wait for prices to drop even lower, because there’s no guarantee that will take place. In fact, as home prices stabilize and our economy continues to get back on its feet; home prices will only increase from here.
You’ve probably seen headlines that note the decrease in activity for home builders, but this news has a silver lining as the supply and demand of homes is finding a balance. While many choose to build a new home on Lake Nacimiento, there are many great homes currently available on the Lake Nacimiento Real Estate market at very affordable prices. Buying a home that is on the market helps to keep the supply and demand in check and will help the housing market on its way to recovery.
If you have been thinking about buying a home in Heritage Ranch or Oak Shores, you’ll want to take advantage of the current Lake Nacimiento Real Estate market! Each week, new homes are coming onto the market, which means there are a variety of options! As a Lake Nacimiento Real Estate agent, my goal is to help match up buyers with a Lake Nacimiento home that fits their needs, lifestyle and budget! I’d enjoy the opportunity to talk with you and show you some of the homes on Lake Nacimiento. Feel free to contact me anytime to get started!
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Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.
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