Home Buying in 77584>Question Details

William Onye, Real Estate Pro in Missouri City, TX

Why is now a great time to buy?

Asked by William Onye, Missouri City, TX Wed Dec 29, 2010

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Answers

12
7 Key Reasons Why NOW is the Prime Time to Buy a Home

1. Home affordability is at an all-time high.
2. Mortgage rates have reached rock bottom.
3. Buy Now; Buy Low!
4. Sellers are motivated.
5. Financing is readily available for qualified buyers!
6. Owning vs. renting is increasingly favorable.
7. Homeownership is at the core of the American Dream!
Web Reference: http://actvra.in/wWk
1 vote Thank Flag Link Thu May 3, 2012
There are a lot of great reasons to buy now versus waiting. In my blog post on Jan 29, 2010, you can see the entire reason why it is NOW time to buy in Pearland. Just follow the link to my blog under: WEB REFERENCE. Low Interest Rates, lower home prices, more home choises
1 vote Thank Flag Link Thu Feb 10, 2011
If it fits your needs it's a great time to buy.
Web Reference: http://www.321property.com
1 vote Thank Flag Link Wed Dec 29, 2010
Interest rate are below 4% for 30 years and the value of homes are low. You can get your dream home at a lower monthly payment than you could ever imagine. And best of all, you can have extra money in your pocket to invest for retirement.
0 votes Thank Flag Link Thu May 3, 2012
Home values have dropped to the point htat many homes are now affordable, not to mention interest rates are about as low as you will ever see.
0 votes Thank Flag Link Thu May 3, 2012
Interest rates are low and FHA is going to change their criteria effective July 1, 2012.
Most Bond Programs are available along with Tax Credit Programs. This means saving
You money.
0 votes Thank Flag Link Wed May 2, 2012
BECAUSE THE INTEREST RATE IS SO LOW, HOME PRICES DECLINED AND TONS OF INVENTORY THAT GIVE YOU MORE BANG FOR YOUR BUCK! THAT'S PUTTING IT IN A NUTSHELL. THE FED MAY BE RAISING RATES SLIGHTLY SOON AND SO IT GIVES PEOPLE THAT EXTRA "URGE" TO BUY!
0 votes Thank Flag Link Wed Apr 27, 2011
I have to say I LOVE Phil's answer! When all is said and done, if you can afford a home and qualify and most importantly want a home then it's a great time to buy! Not to mention the historic low interest rates and buyers market!
http://www.rochesterhomelocator.com
0 votes Thank Flag Link Thu Dec 30, 2010
Interest rates and home prices are both as low as we've seen for a long time. You have the opportunity to buy more home for the same payment you would have spent on much smaller home a couple years ago. You will have a better opportunity for being in area you prefer as well. Just like the stock market, but low.....
0 votes Thank Flag Link Wed Dec 29, 2010
Many people due to the economic downturn no longer qualify, as they have been laid off or fell behind on payments and their credit scores have been blemished. So those Sellers that are out there that are serious and their homes are currently on the market will be looking to entertain a respectable offer, as they know now that Buyer's are few and far between.
Web Reference: http://www.donspera.com
0 votes Thank Flag Link Wed Dec 29, 2010
We haven't seen a single buyer in the past two years that hasn't been looking for value. Thus, savings, opportunity, and personal needs are among the top considerations for today's buyers.

Bill
0 votes Thank Flag Link Wed Dec 29, 2010
You want to own a home. Plain and simple.
0 votes Thank Flag Link Wed Dec 29, 2010
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