Starting to sound like a broken record, but:
1. Housing prices are starting to rise.
2. Foreclosures have slowed.
3.Inventories of For Sale homes is decreasing in both Charlotte and across the country.
4. Mortgage rates are historically low, but banks remain overly cautious.
5. Housing starts rose 6.9% in June.
6. Home builders are getting back in the market.
7. Rents are soaring to 10 year highs.
8. Thanks to record low interest rates and falling prices, affordability is at record highs.
from “Finally, its time to buy a house” 8/1/12 Wall Street Journal