Medford is definitely experiencing a strong buyer’s market and he who hesitates could lose.

Now is the best period in a near-decade to purchase a home. The plentiful inventory is making sellers eager to help prospective buyers become new homeowners and the near record-low Interest rates combine to provide an excellent opportunity for leveraged investment.

A 10% down payment on a home can bring as much as 80 - 100% return in a 5 year period. When you combine that with the tax advantages, it is a perfect time to invest in a new home.

The Medford market continues to prefer buyers.  Interest rates continue to trend downward for 30-year, fixed-rate mortgages.

There is an abundant inventory in all price ranges and seller’s are eagerly discounting to effectuate a sale.

This provides an excellent climate for buyers.

Hence, regardless of media headlines, real estate is local some markets have faired much better than others. 

The straight scoop is that in Burlington/Camden Counties, NOW is a superb time to take advantage of extremely favorable conditions for buyers. As always, home ownership continues to be the consumer’s best investment.