[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2vdr88n4spkkk":3,"$ffeh0925h8cuz":33,"$fbwk2pqjjqsc7":37},{"item":4,"previous":23,"next":28},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":21,"updatedAt":22},111,"still-a-great-time-to-buy-a-homebut-hurry","Still a Great Time to Buy a Home…but HURRY!!","\r\n\r\nKevin Kelly, Chairman of the National Association of Home Builders (NAHB), recently explained that:\r\n“With interest rates near historically low levels and strengthening job growth, now continues to be a great opportunity to buy a home.” \r\nWe coul...","","blog","https:\u002F\u002F\u002F","\u003Cimg class=\"alignnone wp-image-32927\" src=\"https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F08\u002F8.20-Blog-Visual.jpg\" alt=\"Still a Great Time to Buy a Home…but HURRY!! | Keeping Current Matters\" width=\"600\" height=\"315\" \u002F>\r\n\r\nKevin Kelly, Chairman of the \u003Cem>National Association of Home Builders\u003C\u002Fem> (NAHB), recently explained that:\r\n\u003Cblockquote>\u003Cem>“With interest rates near historically low levels and strengthening job growth, now continues to be a great opportunity to buy a home.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\nWe couldn’t agree more. However, one must realize that, with prices and interest rates both projected to increase, waiting could be costly.\r\n\r\nThere are two organizations that look at the affordability of purchasing and actually measure it over time. The \u003Cem>National Association of Home Builders \u003C\u002Fem>has their \u003Ca href=\"http:\u002F\u002Fwww.nahb.org\u002Freference_list.aspx?sectionID=135\">Housing Opportunity Index\u003C\u002Fa> (HOI) and the \u003Cem>National Association of Realtors’ \u003C\u002Fem>has the \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Ftopics\u002Fhousing-affordability-index\">Housing Affordability Index\u003C\u002Fa>\u003Cem>. \u003C\u002Fem>\r\n\r\nBoth indexes are reporting the same thing. The cost of buying a home is beginning to increase leading the affordability indexes to dip.\r\n\u003Ch4>\u003Cstrong>Both indexes say we passed the bottom of the housing market \u003C\u002Fstrong>\u003C\u002Fh4>\r\nAccording to NAHB’s HOI housing affordability dipped slightly in the second quarter of 2014. \u003Cem>NAHB\u003C\u002Fem>’s Chief Economist David Crowe explains:\r\n\u003Cblockquote>\u003Cem>“The second quarter HOI reflects the slow but steady march toward the historic levels of price appreciation and interest rates that result in affordability levels we experienced before the mid-2000s boom.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nAccording to NAR in a recent \u003Ca href=\"http:\u002F\u002Feconomistsoutlook.blogs.realtor.org\u002F2014\u002F08\u002F15\u002Fthe-latest-housing-affordability-index\u002F#sf4183262\">Economists’ Outlook post\u003C\u002Fa>, home affordability is down from both one month ago and one year ago in all regions.\r\n\r\nMichael Hyman, Research Assistant at NAR said:\r\n\u003Cblockquote>\u003Cem>“At the national level, housing affordability is down for the month of June due to higher prices and qualifying income levels despite the lowest mortgage rates of the year.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nIn a \u003Ca href=\"http:\u002F\u002Fblogs.wsj.com\u002Feconomics\u002F2014\u002F08\u002F16\u002Fnumber-of-the-week-housing-affordability-hits-six-year-low\u002F\">recent article\u003C\u002Fa>, the \u003Cem>Wall Street Journal\u003C\u002Fem> also revealed that the cost of home ownership is higher than any time in over five years:\r\n\u003Cblockquote>\u003Cem>“Housing affordability hit its lowest level in nearly six years in June as home prices continued to climb.\"\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you were waiting for the bottom of the market, you missed it. Yet, with prices below values of seven years ago in most parts of the country and interest rates near historic lows, it is still a great time to buy a home…\u003Cem>but hurry\u003C\u002Fem>!","\r\nIf you were waiting for the bottom of the market, you missed it. Yet, with prices below values of seven years ago in most parts of the country and interest rates near historic lows, it is still a great time to buy a home…\u003Cem>but hurry\u003C\u002Fem>!","https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F08\u002F8.20-Blog-Visual.jpg",false,[17],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers","2014-08-20T10:00:08Z","2014-08-20T14:09:40Z",{"id":24,"slug":25,"title":26,"featuredImage":11,"publishedAt":27,"contentType":10,"isVideo":15},110,"with-interest-rates-and-home-prices-on-the-rise-do-you-know-the-true-cost-of-waiting","With Interest Rates and Home Prices on the rise, do you know the true Cost of Waiting?","2014-08-19T10:00:09Z",{"id":29,"slug":30,"title":31,"featuredImage":11,"publishedAt":32,"contentType":10,"isVideo":15},112,"where-are-mortgage-rates-headed-3","Where Are Mortgage Rates Headed?","2014-08-21T10:00:45Z",{"cover":34,"open":35,"shareSpread":36},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[38,42,43,47,51,55,59,63,67,71,75,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151],{"id":39,"name":40,"slug":41},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":44,"name":45,"slug":46},6,"For Sellers","sellers",{"id":48,"name":49,"slug":50},7,"Foreclosures","foreclosures",{"id":52,"name":53,"slug":54},8,"Infographics","infographics",{"id":56,"name":57,"slug":58},9,"Home Prices","home-prices",{"id":60,"name":61,"slug":62},11,"First-Time Buyers","first-time-buyers",{"id":64,"name":65,"slug":66},34,"Senior Market","senior-market",{"id":68,"name":69,"slug":70},35,"Mortgage Rates","mortgage-rates",{"id":72,"name":73,"slug":74},38,"Move-Up","move-up",{"id":76,"name":77,"slug":78},41,"For Sale by Owner","for-sale-by-owner",{"id":80,"name":81,"slug":82},42,"Featured","featured",{"id":84,"name":85,"slug":86},45,"New Construction","new-construction",{"id":88,"name":89,"slug":90},52,"Luxury \u002F Vacation","luxury--vacation",{"id":92,"name":93,"slug":94},53,"Rent vs. Buy","rent-vs-buy",{"id":96,"name":97,"slug":98},80,"Time-sensitive","time-sensitive",{"id":100,"name":101,"slug":102},81,"Outdated","outdated",{"id":104,"name":105,"slug":106},147,"Internal","internal",{"id":108,"name":109,"slug":110},148,"Do Not Autopost","do-not-autopost",{"id":112,"name":113,"slug":114},320,"Inventory","inventory",{"id":116,"name":117,"slug":118},321,"Agent Value","agent-value",{"id":120,"name":121,"slug":122},322,"Affordability","affordability",{"id":124,"name":125,"slug":126},323,"Buying Tips","buying-tips",{"id":128,"name":129,"slug":130},324,"Downsize","downsize",{"id":132,"name":133,"slug":134},325,"Economy","economy",{"id":136,"name":137,"slug":138},326,"Equity","equity",{"id":140,"name":141,"slug":142},327,"Forecasts","forecasts",{"id":144,"name":145,"slug":146},328,"Selling Tips","selling-tips",{"id":148,"name":149,"slug":150},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":152,"name":153,"slug":154},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]