Buyers are experiencing the lowest interest rates in decades, partially resulting from the recent European financial crisis.

With Europe currently in the midst of its own financial crisis, many international investors have moved their money into the United States’ financial system, a windfall that has kept the dollar strong and the interest rates low.

In fact, John R. Wood Realtors reports that Southwest Florida buyers are benefiting from the lowest interest rates in decades. “At no time in the last 40 to 50 years have rates been this low in a risk-based lending market,” says Nigel Fullick of Element Funding.

With Naples home prices remaining affordable and interest rates lower than they were just 60 days ago, opportunities to buy are great. Savvy buyers are recognizing this and taking advantage of the savings. It is anticipated that interest rates will rise over the next 12 months, so buying now could result in significant savings.

Tip #2: Getting Around Town

Determine how convenient it is to get to grocery stores, the mall, movie theaters and church from a particular community you may be interested in.

How far will you have to travel to do dinner and a movie on a weekend night or pickup take-out on your way home from work? These are all important things to consider.