Historic interest rate lows have houses selling like hot cakes
If you've been thinking about buying a house, experts say now's a good time to do it.
Interest rates are at record lows, but you've got competition.
"It's still a good time for a buyer to buy but they have to get out there and get it quickly."
Texas Realtor Jeanie Douthitt says it's such a good time to buy; many homebuyers who'd been sitting on the fence are jumping off now.
"Interest rates are so low you can get more house than you could at any time in history."
Douthitt says many of her clients are single women who've been holding off on buying because it's usually hard to get a good value with one salary. But Douthitt says that's changed.
Nationally, the National Association of Realtors says rent is rising and that makes a home or condo purchase a lot more attractive.