Will you wish you had bought in 2010?

Real Estate Agent with @properties


2010 is shaping up to be a great year to buy a home or investment property.  Don’t spend the rest of your life wondering what if.  What if I had bought my dream home.  What if I had bought that investment property.  The what ifs could go on for a while.  But, the right now will only be here for a short time.

Right now could be your time to get the property you are looking for.  Here are several reasons why you should consider closing that deal.

  1. Interest rates are low…but they aren’t going to stay there for long.  Rates are predicted to climb before the end of the year.  A higher interest rate means higher payments and can raise the final price of your home significantly.  See how low rates are  now with Guaranteed Rate.
  2. If you are looking for a primary residence and are a first time homebuyer the government tax credit will help ease the fees associated with purchasing a home.  You can get up to $8,000 back on your taxes depending on the purchase price of your home.  But you have to have a signed contract by the end or April to be eligible.  Want more information just check out the National Association of Home Buyers (NAHB) website for the federal housing tax credit.
  3. Home prices are lower than they have been in many years.  Home prices have dropped to record lows and aren’t going to stay down forever.  Most predictions are for the prices in the Chicago area to start rebounding by late 2010 or early 2011.  Check out what CNN Money had to say  about the housing outlook.
  4. Spring is here!  With warmer weather here people are starting to list their homes for sale.  Get out there now while the properties are fresh and get you first picks for a home.

These could very well be reason enough to get out there and start looking now.  But, if you need more convincing contact a Realtor ® to see what other reasons might directly effect you in your decision.


Posted by

Hans T. Ziegenbein

Licensed Illinois Realtor®

Certified e-PRO®

@properties|1875 N. Damen|Chicago, IL 60647

c. (773)383-5433

e. Hans@atproperties.com




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