The following L.A. Daily News article discusses the the new opportunities for home buyers as a result of the lowinterest rates and low home prices. Those who were once resigned to the situation of renting are now in a position to own their own home. With the short sale process becoming easier to navigate we are seeing many east bay renters now able to buy in areas like Danville and San Ramon where they had no hope of buying just two years ago.
Should you buy or rent a home? Cost gap narrows – LA Daily News.
