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Is It A Good Time To Buy A Home?

Real Estate Agent with Keller Williams Realty, Pasadena

Is it a good time to buy a home? ABSOLUTELY!!!

Owning a home is like having a saving plan you didn't know you had.  Home ownership is key to building long term wealth. According to the Ferderal Reserve Survey Of Consumer Finances the average homeowners net worth is $171,000.  That's 46 TIMES that of a the average renters net worth of $4,800. 

Most areas are experiencing a buyer's market.  More and more home-sellers are very flexible with their asking price and some are willing to pay for the buyers loan fees which could add up to many thousands of dollars.  That's right; many sellers are willing to actually help you buy their home.  These favorable (home buyer) terms were unheard of a couple of years ago when it was a sellers market.  Another favorable indicator for buyers is that mortgage rates have dropped recently.  A lower interest rate results in a lower monthly mortgage payment. 

Of course, owning a home is much more than a way to gain financial security, its also a place where you raise your family, entertain friend and relatives and create life-long memories.


Steven Galindo

Keller Williams Realty, Pasadena

19 Years Of Real Estate Service


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Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

It is a good time to buy a home, at least here in St. Pete Florida, we have some awesome deals



Jul 08, 2008 09:42 AM
Konnie Mac McCarthy
MacNificent Properties, LLC - Cobb Island, MD
Broker/Owner - VA & MD "Time To Get A Move On!"

in certain price ranges, we are having a hard time finding homes for our buyers because it is so competitive..        

Jul 08, 2008 11:17 AM