Homes Most Affordable in Two Decades
According to this article on CNN, our nation’s homes are the most affordable in over two decades. As measured by the Housing Opportunity Index, the price declines coupled with low interest rates are bringing more buyers back into the market as they can actually afford to buy now. On a local level, this has been the case in the San Clemente real estate market, including Talega real estate, where more homes and condos have sold in each month of 2009 as compared to 2008 as consumer confidence has been coming back into the marketplace with homes becoming more affordable.
For more information on the affordability of San Clemente homes and condos for sale, please contact us.