Great Advice for Homebuyers from CNNs Ali Velshi Popular CNN Anchor Writes That Buying a Home Now is a No-Brainer in December Issue of Money Magazine
Host of CNN Newsroom and Chief Business Correspondent for one of the nations most respected news outlets, CNNs Ali Velshi recently loaned his expertise and talents to the December Issue of Money Magazine. His article Buying a Home Now is a No-Brainer is featured in the Mastering Your Money Segment and outlines the reasons why NOW is the perhaps the best time to invest in a new home. By looking at the trends over recent months, even years it appears that we may be on the backend of the housing bargain bonanza. Velshi claims that while housing prices seem to be slowly ticking upward, loan rates remain at historically low levels. He writes that if you have 20% to put down and good credit, now is a great time to buy. The journalist even took his own advice and invested in a New York City apartment earlier this year.
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SOURCE: Velshi, Ali. Buying a Home Now is a No-Brainer. Pg. 44. Money Magazine. December 2010 Issue.