Top 5 Reasons Why You Should Buy Now

If you have been thinking about buying a home, now is a good time. With affordable property values and low interest rates, the outlook for homebuyers is favorable. Here are the top 5 reasons why you should buy now.

1.) Homes are affordable: Home prices are still within an affordable range and in some areas, the lowest they've been in years. But we are seeing an upward trend and values are rising. Don't wait to take advantage of the pricing available today.

2.) Interest rates are remarkably low: Today's historically low interest rates enable you to get more home for your money and enjoy smaller monthly payments. The rate on a 30-year fixed rate mortgage is the lowest its been in nearly 40 years that Freddie Mac has been tracking rates. While there's a perception that it is difficult to qualify for a home loan, that is simply isn't true. Where you shop for a home loan makes a significant difference.

3.) Sellers are motivated: Anyone who is selling a home today knows that it has to be well-maintained and priced attractively. More of the homes on the market today are with traditional sellers who are willing to negotiate.

4.) Home Builders are building again: Home builders are back in the game and we are seeing more and more new homes sprout up around the Valley. The builders are motivated to sell homes and they are offering attractive incentives for qualified buyers.

5.) Mortgage lenders are ready to lend: Keep in mind that securing your business should be as important to your lender as getting the best loan is to you. Whether you are looking for a fixed or adjustable rate mortgage, an FHA or VA loan, or a jumbo loan, there are many sensible options are available today. The most important is working with a lender that is committed to responsible lending.

Today's real estate market is truly a once-in-a-generation opportunity. If you or someone you know is thinking of buying a home today, please give us a call. If you are unsure if you qualify for a loan, we can recommend a reputable loan consultant, who will walk you through the process of getting qualified. Give us a call today. Nate