Monday, June 22, 2009

5 Reasons Why You Should Buy A House Now!

1. The Selection is tremendous… more homes on the market, buyers have a better choice as to what fits their needs.

2. The Values are above prices… due to the increased supply or equal numbers on the market, prices are often below actual values in many instances.

3. The Interest Rates are incredibly low….current mortgage rates are lower than they have been in 50 years and we may not see them this low after this year! The interest rates can have a profound impact on the costs of housing as the price of the home itself.

4. Tax Advantages we often forget to talk about. You have deduction of interest and property taxes, capital gains are excluded on your homestead and now with first time buyers, the Home Tax Credit from the government.

5. Social Benefits is something we also forget about. Not only does a house provide shelter and security, it provides stability. Home ownership encourages community involvement and just fulfills part of the American dream.

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