See why NOW is the homebuying opportunity everyone has waited for....

There are many reasons why now is the time to purchase. Whether a first time buyer, move up buyer or an investor, you don't want to miss this opportunity!

Below are a list of reasons why not to wait:

1. Home Buyer Tax Credit- New legislation passed now allows a 10% tax credit of the purchase price to first time buyers upto $8000. Move up buyers that have owned their home for the last 5 yrs. are now entitled upto $6500! Free money...

2. Interest rates- have been at a low for months..... and what goes down must go up. Purchasing a home with lower interest rates can save you thousands of dollars in the long run and can even save you with a lower monthly payment.

3. Inventory- A "buyer's market" is when there is a large amount of homes available and not enough buyers. It goes back to supply and demand. When there is more supply then demand, it is a buyers market and when there is less "supply" and there becomes a demand for them, it causes buyers to pay more and making it a seller's market. We have seen in the local market that inventory is decreasing. Don't wait for prices to increase to purchase.

First time buyers should be jumping at this opportunity to purchase. You can't get a better time. Sellers have been negotiating and you could very well get a great first buy! Why continue paying into someone else's mortgage, giving them equity, when it could be your equity and your investment!

If you have been afraid to move up into that larger home, consider your financial situation and ask yourself if you can afford not to during this time. Many seller's have been afraid to list their home in the market we have been in, but consider that what you may lose in your selling price you may gain back (and possibly more) in the value of purchasing a larger home for less. The market will swing back, take advantage while you can.

Investors should now be growing their asset column as much as they can. Buy and hold! It's like the stock market...when stock prices are low, smart investors know that it's time to buy the good ones and hold them until their values start increasing again. Then you may consider flipping for a better profit. If you want to flip now, there are still some deals out there, but we are not looking at returns like we had 3-4 yrs ago. Make sure you know what the comparatives in the market are!

If interested in more information or have questions, please don't hesitate to contact me. I'd love to help you with all your Real Estate needs!