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5 Reasons to Buy a Home in 2011

By
Real Estate Agent with CENTURY 21 WESTERN REALTY

Mortgage rates will stay low. Even with rates climbing - maybe to as high as 6 percent by 2012 - they are still well below where they have been historically.
▪ Tax cuts could help. Extending the tax cuts could encourage a more rapid recovery for the economy.
▪ Americans want to be home owners. A recent Fannie Mae survey showed that Americans still believe a home is a safe and desirable investment.
▪ Builders are about to begin building. Home builders have been sitting on the sidelines. This year, they think pent-up demand will create an appetite for new homes.
▪ Homes are shrinking. Homes are getting smaller, which has made them more affordable.

Brian J. Greenwood
Greenwood Real Properties - Canton, MA
Greenwood Real Properties @ Keller Williams Elite

Great article, short, to the point and right on the mark!

Mar 27, 2011 03:30 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hello William. These are 5 good reasons to buy. It's spring time, and I certainly hope buyers will come out and take advantage of these low interest rates.

Mar 27, 2011 04:01 AM
Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

 

William- These are five good  reasong to buy in  2011,  I would also like to incl the current state of the rental market.  Rents are not doing down ; as a matter of fact rents are going up and in some markets the supply is getting low.

Mar 27, 2011 11:58 AM
Torgie Madison
Quicksilver Real Estate Solutions, LLC - Portland, OR
Websites and Contact Management
I agree, now's a great time to get out there if you're ready! It seems like a buyer's market to me. Might as well take advantage of the interest rates and prices while you can!
Mar 28, 2011 07:01 AM
Stella Barbour
NoVa Brokers LLC - Vienna, VA
Principal Broker, Serving Virginia and Maryland

Great reasons you pointed out.  It is a wonderful time to be a new homeowner.

Mar 29, 2011 01:24 AM