7 Reasons to Buy a Home in 2009

7 reasons for buying in 2009:

1.First-time buyer tax credit ($8,000 or up to 10% of the cost of the purchase) EXPIRES soon

2.Mortgage rates remain near historical low (around 5%)

3.Best affordability and prices since 2003-2004

4.Better choice of inventory - distressed, resale, new

5.Motivated sellers may be more willing to give concessions

6.Federal, state, and local grant or assistance programs

7.Low down-payment programs - FHA, VA