If you have been waiting to see where the real Estate market is going you may be missing one of the greatest buying opportunities in our life time.
Five Reasons to buy now and buy Texas.
1. Selection - Homes are available in every area and at all price ranges. The quantity of houses on the market allows you to pick and choose the qualities you want to find just the home you want. It wasn't so long ago that buyers were jumping on new listings as soon as they came onto the market, that is no longer a concern for buyers in this economy.
2. It's a buyer's market - The best time to buy is when most people want to sell. If you buy now you can get a lot more house for your money, and you have a lot more negotiating power.
3. Homes are more affordable - Real estate, which was overpriced during the housing bubble, has returned to earth. That's especially good news for first-time home buyers who were priced out of the market four or five years ago.
4. Interest rates are low - Mortgage interest rates are at their lowest point in the last several years. This means your mortgage payment takes you a lot farther than it did before. We're not that far off of the all time lows we hit several years back. It is smart to take advantage of the low mortgage rates while they are still available.
5. Tax savings - Buying a home is one of the best ways to save money on taxes. Your mortgage interest,real estate taxes and in many cases mortgage insurance are all tax deductible. If you are a first time home buyer this means that after-tax, you can pay a lot more for mortgage payment than you pay for rent.
You should See Austin, Texas: Affordable, beautiful. strong economic growth. For more information email me:
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