I have been saying for some time that there is no better time than now to buy a home in Overland Park or anywhere in the Kansas City area, and today’s news strongly supports this statement.

Nationally, pending home sales for November showed a 5.9% increase over 2010. When sales go up, so do the price of homes.

In addition to home sales being up, interest rates continue to be extremely low but they too went up this week to a national average of 3.95% for a 30 yr. mortgage.

While I can’t tell you how high interest rates or the price of homes will go in 2012, I do believe that this is a great time to invest in a home and that if you snooze, you may lose!