Did You Miss the Best Real Estate Buying Bonanza in Decades?

While low or great deals on home prices are a bane to sellers, low home prices bonanza could allow many first time buyers to buy larger homes or more beautiful homes than previously priced ones they couldn’t afford. First time home buyers should be aware that many properties can be wealth-draining, it’s usually the ones that sound like incredible deals, but they end up being too good to be true. Real estate is still incredibly low priced, mortgage rates are still reasonably low and great wealth still can be earned from owning quality properties for the long term.

Read the entire article here: http://www.zillowblog.com/2013-06-28/did-you-miss-the-best-real-estate-buying-bonanza-in-decades/