A Lake in Barrington Illinois
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.
It is now cheaper to buy than rent in many cases. I am seeing investor deals everyday that the ROI is higher than I have seen in my career.
#7 Reason why it is prime time to buy a home now is¦
Home Ownership Remains at the Core of the American Dream.
Fannie Mae did a recent study that revealed that the majority of Americans still want to own their own home. Owning your own home is important for financial stability and wealth building. Owning your home provides a roof over your head, a forced savings and it is a solid asset. Putting the recent market upset aside, home ownership is still important for most people. Rents may keep increasing but you can lock in to your mortgage payment for the duration plus you can benefit from home ownership tax breaks and deductions.
Mortgage rates are so low right now. It is almost free When mortgage interest rates creep up again, so will the monthly payments on the loans.
Don™t be thinking œwould have¦could have¦should have¦!
Call me today!
Posted By: Julie Anne – The Julie Anne Real Estate Team at Keller Williams Success Realty
CDPE Certified for Short Sales and REO
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