Home ownership is more affordable now than it has been in the past 12 years! In 2003, the median home price in Maricopa County was $160,000 and interest rates were at 5.83% making your monthly payment about $1267. Today median home prices are $219,000 with RECORD LOW interest rates of 3.67% making your monthly payment roughly $1433 (interest rates according to Freddie Mac, down payment 3%, based on approved credit). Call The Ehlen Team today if you are Interested in learning more about how to get the home buying process started. Information courtesy of the Cromford Report.
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