Still on the Fence?
There has never been a better time to buy a home.
First the selection of homes available to purchase in all price ranges is tremendous and with more homes on the market buyers naturally have a better selection. Many markets have experienced values above that are above prices. This translates to an increased supply resulting in prices that are below values in some areas.
One of the most compelling reasons to buy a home now is interest rates. They are the talk of the town and for good reason. We are experiencing generationally low interest rates that will not stick around as the economy recovers.
It is important for buyers to talk with their real estate consultant and mortgage lender about the cost savings of even a quarter point over the life of a mortgage loan.
Finally the tax advantage of homeownership with respect to the mortgage interest and property tax deductions should be considered compelling reasons to buy a home.