Frequently Asked Real Estate Questions-Ep. 34

What are the 3 reasons you should buy a home NOW?

1. Interest rates are incredibly low! You have more buying power than ever before. When rates are this low you can afford to buy instead of rent or buy that larger house that you thought was out of your reach before. Run the numbers and you will be shocked at how low the payments are with these great rates.

2. It is still a buyers market! Which means homes are value priced. Strike while the iron is hot! This will not be the case for much longer. As the market continues to improve, things will be less in favor of the buyer. For example, while in a buyers market, most sellers pay all or part of the buyers closing costs. This will not always be the case!

3. It is cold outside and snow is on the way! There are fewer buyers out and about and sellers are more willing to consider a lower offer or do more give more concessions to keep a deal together. It is not much fun to move in the winter, but odds are you will save money if you do!

Work with an agent that has a pulse on the market and can keep you informed on what is happening locally. There are lots of steps to purchasing a new home, but if you work with the right agent, they will ensure you don’t miss a thing!
Pass this on to someone you know who is thinking about buying a new home in the next few months. I don’t mind looking at houses in the cold or snow! Send them my way!