Amid the hustle and bustle of the holidays some news came out this past week that Fannie Mae and Feddie Mac are seeking to reduce down payments on homes in 2015. This is great news for those struggling to save 20% plus closing costs to buy a home.

There are many indicators that point to 2015 as being a great year in real estate. I am ready! 

Why wait? Right now, there are incredible deals on homes with motivated sellers. There are mortgage products that require little to no money down. Buying a home before the competitive spring market makes sense. Rates are inching up, sellers will bring their homes to the market in the spring at a higher price, and there will be more buyers shopping.

The wise buyer now will take that Christmas bonus, light the fire, pour a cup of hot cocoa, and get on the computer and choose some homes to take a look at. Find out from you lender how much it will cost to buy a home. If you are currently renting, need to upsize or downsize, there is no better time then now.