Now Is a Good Time for First Time Homebuyers

If you are a renter, now is a good time to think about buying your first home.  Over the long term, owning your home is a great investment.  It will bring you income tax breaks, eventual financial gains, some yard or place for play and enjoyment.  Sellers are more motivated in this buyers market with falling prices. The U.S. stimulus law raised the limits on decent, low-down payment government-guaranteed mortgages.  Buyers will have a good selection of homes to choose from, and mortgage rates are low.  Stocks and bonds don't look too attractive these days as compared with using the money to buy your home.
Posted by Harrison K. Long, Explore Properties Group, March 25, 2008
 
Post is included in group: Posts to Localism

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Real Estate Agent: Harrison K. Long - Broker Associate, Lawyer (Coldwell Banker Previews)
Harrison K. Long - Broker Associate, Lawyer
Irvine, CA
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