Special offer

It's Still a Good Time to Buy

By
Real Estate Agent with RE/MAX Advantage 335893

   Buyers who were unable to take advantage of the homebuyer tax credit need not worry they missed the boat. Even without the tax credit, it is still a very good time to buy a home.


One of the most attractive aspects of today's market is low interest rates. Despite the end of federal programs to hold down rates at the end of March, mortgage rates remain at historic lows. This allow buyers to get more home for less, and they can enjoy a lower monthly payment for the full term of the loan. In addition, homes continue to be affordably priced and there is a large selection from which to choose.

 
These lower prices and rates have led 72 percent of Americans polled by Gallup to believe now is a good time to purchase a home. The poll also showed that 77 percent of respondents felt that home values in their area would stabilize or increase in the coming year. This is great news for consumers considering a purchase now since it should reassure them that their new home will not lose value right away.


Recent surveys showed that consumers currently shopping for homes will not be deterred by the end of the tax credit. Will you?

Posted by

Comments (0)