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15 Perfectly Good Reasons To Buy A House Right Now!

1. Interest rates are low.

2. Buyers are in a better position to negotiate.

3.Our market (Puget Sound market anyway) is experiencing a 'price correction', which is great for buyers!

4. There are currently LOTS of homes to choose from.

5. The market has brought new construction prices closer to those of existing homes.

6. Here in the Pacific Northwest, prices are projected to only go up.

7. Homes are less expensive now than they will be in the Spring. (And who knows where interest rates will be then?)

8. For new construction, there are now all kinds of builders incentives and warranties that may not exist in a seller's market.

9. Sellers are much more willing to negotiate.

10. It's a good time to move up or make a lifestyle change.

11. Avoid the hassle of remodeling your current home(just make sure that if you sell it that you list it for a realistic price).

12. Money is becoming more available since the summer's mortgage "crunch".

13. For new construction, there are now more options, upgrades and flexibility.

14. You may be able to find a home that's more energy-efficient...and

15. As with stocks,  you can always shop for the lowest price but you will never find it.  Why not just negotiate it?

I read a quote the other day that said something to the effect of, "Today's crises have always turned out to be golden opportunities in retrospect." 

If you're trying to time the market, please reconsider.  I know people who've been trying to do that for a year, two years, and prices have only gone up; even if they go down now, they'll never be where they were 2 years ago.

If you have the desire to buy a home, especially if you're a first-time home buyer, there's no time like the present! 

 



Thanks for stopping by my blog!

Comment balloon 3 commentsLisa Bosques • November 07 2007 09:14AM

Comments

Lisa....  some great pointers. The media makes it look like it's hard to purchase and seems to twist so many things around. Overall, we need to educate and talking in a positive manner. You can always find something positive in any market. Nice job.

 

jeff belonger

 

 

Posted by Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans ( Social Media - Infinity Home Mortgage Company, Inc) about 10 years ago
Thank you Jeff.  We were in a meeting and brainstormed these 15 reasons to buy now...there are probably even more reasons that we didn't come up with, but this is a good start. 
Posted by Lisa Bosques about 10 years ago

It is always a good time to buy. There are always reasons that can justify it. For example: now it is a good time! 

 Key economic indicators and changes to the mortgage process could make 2016 a promising year to become a homeowner. Firstly, rental rates are continuing to rise, and there are no signs that increases will stop in 2016. Secondly, interest rates are still historically very low. Thirdly, new mortgage terms make the process clearer for the purchaser, which could be of great benefit to first-time buyers.

Posted by Inna Ivchenko, Realtor® • Green • GRI • HAFA • PSC Los Angeles CA (Barcode Properties) about 2 years ago

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