Northern Illinois Real Estate – Buying a home today? You are so lucky! Part 1 of 7 Reasons Why Now is a Great Time to Buy a Home!

Swan Lane in Elgin Listing

New Listing in Elgin on Swan Lane…Charming!

I am sure you heard the news that the housing market hit a bump!   A big bump and many buyers are not missing a beat and taking advantage of the home buying opportunities.

Many potential home buyers are skittish and that is providing an even better opportunity for those that are buying properties now.   We are all learning that buying a home is one of the safest investments but it is not an ATM or short term investment.   Many opportunities  have been  passed by including the $8000 tax credit by many potential home buyers waiting for something better or just procrastinating or….other reasons.

#1 Reason why it is prime time to buy a home now is…

Home Affordability is at an all time high.

Home affordability is the lowest  it has been in a generation.   Just take the Median Mortgage Payment/Median priced Home as a %percentage of the Median household income.  

Wow!   Now is the time to buy!

Here is a link to more information from Keller Williams on the Reasons Why Now is a Great Time to Buy a Home!

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Posted By:   Julie Anne – The Julie Anne Real Estate Team at Keller Williams Success Realty

Northern Illinois Real Estate AgentBarrington – Deer Park Real Estate Expert and surrounding areas


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