According to Harvard University, The State of the Nation’s Housing states that “Historically low interest rates and bargain prices have made homeownership the most affordable it has been at any time during the past 40 years” And while the market in the Berkshires has not been as hard hit as other areas in the country, we have seen decreases in new home production and household formation suggest that as demand for homes returns over the next couple of years it could outpace supply. Nobody knows exactly how the recovery will unfold, but over the long run, owning property has always been a solid investment.
Here is a great flyer that has been prepared from information released by The National Association of Realtors
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