Headlines 05.08.2012

Buying a home may never get any cheaper than this. Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market.

With home prices down 34% nationally since 2006 and mortgage rates at historic lows, homes have never been more affordable — but it won’t stay this way for much longer.

Buying a home won’t get much cheaper  ~  CNN Money

King County home prices rise with fewer houses for sale  ~  Seattle Times

Audio: Time To Trade The Lease For A Mortgage? ~ NPR

U.S. rate on 30-year mortgage hits record low 3.84 pct. ~ Seattle Times

Flood of Foreclosures Still Fails to Materialize ~ CNBC

Chart: Seattle-area housing market in 2011 ~ Seattle Times