Why Buy Now? 14 Reasons Why Today is the Day to Buy Real Estate

1. Falling Mortgage Rates
Mortgage rates are already at their lowest level in 50 years and banks are willing to lock these rates for the next 30 years!

2. Home Prices are Down
We know that no one can accurately predict house prices. What we DO know for SURE is right now, prices – relative to affordability – are the best they’ve been in DECADES. Is this your once-in-a-generation (or lifetime?) opportunity?

3. Housing Selection is Plentiful
The number of homes on the market continues to escalate. When paired with the exceptionally low interest rates of today, the motivation to buy increases. It’s a buyer’s market… take advantage of it while you can.

4. Current First-Time Home Buyer Tax Credit
Homes purchased after January 1, 2009 and before December 1, 2009 are eligible for a tax credit up to $8,000.

5. Tax Deductions with Home Ownership
Homeowners have the potential to deduct mortgage interest, interest on home equity financing, property taxes and more.

6. More Buying Power
With housing prices and interest rates hitting historical lows, you have the potential to buy property that might have been out of your range in years past.

7. Possibility to Buy in a Better Location
When the number of homes on the market continues to increase there are more AFFORDABLE, quality homes on the market – in desirable locations and all price ranges.

8. Pricing has rolled back to 2004
(When the market started to ROAR).

9. Huge Pent-Up demand...
Renters, its time to BEAT the market. If you have any wiggle room in a current or new lease, make your move now. Favorable renter conditions won’t last long and are predicted to start to drop as soon as the economy turns around.

10. Real Estate prices Today vs. Future Projections
They may currently be down 17%, but are projected to increase 21% over the next 3 years and 49.6% over the next 5 years. (Kiplinger)

11. Plunging Oil Prices
Today’s price per gallon (at 15,000 miles per year) is a savings of over $2,000.

12. Federal Reserve Action Plan
Simply Put — the Central Bank is pouring money into the system.

13. The Stimulus Plan
Just to name TWO possible programs:
Payroll tax deduction adding dollars to the economy.
$8,000 tax credit, no repay clause!

14. Build Your Future Now