Why Are Home Prices Back On The Rise?

Home prices are back on the rise and seem to have remained steady over the past few months. Experts believe this price increase has been caused by various factors such as low interest rates and increasing numbers of cash buyers. Also because of the extremely low interest rates, more buyers are getting into the market. This is driving competition which in turn, is driving prices. The previous market had housing prices that not many people could afford so those who have been saving for a while waiting are now entering the market as well. Although no one can predict the future, experts believe that housing prices may level in the intermediate term. Read the full article here: http://www.bankrate.com/finance/mortgages/home-prices-rising-now.aspx