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Clark Howard: Housing market

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Updated: 5/02/2013 12:37 pm
JACKSONVILLE, Fla. -- After years and years of gloom and doom in the housing market starting mid last decade, now most of the country is recovering and home values are roaring back. 

In fact, Phoenix, Arizona which was perhaps in the worst shape of any housing market in America, was the best housing market in the United States last year.

In more and more communities around the U.S., people are no longer upside down in their homes.

For a buyer, don't think your opportunity to buy is over, because we are just in recovery.  Interest rates remain extremely low, so if you can find a home that's appropriate for you, and the price is one you can deal with, go ahead and take that chance, because mortgage rates may not ever be this cheap again.

For information on the Clark way to shop for your home, go to clarkhoward.com.

Watch Clark Howard weekday mornings on Action News This Morning on FOX30 beginning at 7 a.m.
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