1. Rents
Are Going Up! Recently, many sellers
recovering from their recent Short Sales or Foreclosures are
looking to rent so
that one day they can return to being homeowners. This has created a huge demand for rentals
which is pushing up rental
prices. If you can afford to buy, you
will get the added bonus of mortgage-interest
deduction on your taxes which you
do not get by renting.
2. More
Choices to Chose From. Buyers have more
choices today than they have in several years. You have your choice between
condos, townhomes, single family homes, gated communities, Bank Owned homes, REO's, and foreclosure properties. You can also choose between large lots and small lots.
The choice is yours. Today more than ever you can find a home that fits your needs
and fulfills your dreams, however do remember, that well priced homes. in a desirable location can still sell fast, even in a buyer's market.
3. Interest
Rates are Low. With interest rates
at historic lows, what better time to buy real estate? Money is extremely cheap
to borrow making it a great opportunity for you. You can even afford a larger home now
than you might have 12 months ago!
4. Prices. …are low, low, low! From the peak of 2006 market
prices, to the present low prices of today...the worst of price declines are
over. The takeway here is that it seems we are now at a turning point and
looking forward to what comes next and not just what we went
through. Buyers are in a great position today with prices low and
interest rates so favorable. Buyers can enjoy stronger buying power than they have
in years. Today's market is truly positioned for the home-buyer…meaning
the best deals for your money!
5. Appreciation. …in continuation; because of possible stabilization
in housing prices, there is an expectation for the prices to slowly rise
in the years to come. Always remember, that real estate is moves in cycles. History shows that real estate is a strong, sound long-term investment for your
future.
6. Negotiate. We all remember the days of 2005 when you had to decide how
much over asking price to offer the seller. Sellers are more reasonable,
flexible and motivated than they have been in the last 6-8 years.
7. Tax
Write off! Need we say more?
8. Great
time to sell and move up. If you are a seller wanting to move up to a larger home for
your growing family, now could be the perfect time for you. You'll be way ahead
of the game because the price reduction on the purchase is greater than the
loss on the sale of your present home.
9.
Lenders are Lending. Lenders are lending to qualified
buyers and whether you are buying this week, this month, or in the next 6
months…you should be prepared with a Pre-Approval letter. You never know when your home will be right in front of you!
10. The Opportunity that has not presented
itself in almost 60 years! The news
reported that the real estate market has not been in this position since the
1950’s!
- Still wondering if you should buy now or wait a
little longer?
- What if the prices don't go down any lower?
- What if the interest rates start to rise?
Even with the above 10 “GREAT” reasons to buy now, buyers
still want to know…when will “prices hit bottom” or when is it
the “perfect-time” to buy?
The truth is…the moment we all know the “perfect-time” to buy is here... that “perfect-time” has passed.
Then we will all be saying, “..should have bought last month…”