Now is a great time to buy or sell a home
Right now may actually be one of the best times to buy
home. Consider these facts:
Interest Rates Near Record Lows Today's interest rates are comparable to 40-year lows, offering homebuyers a once-in-a-lifetime opportunity.
LARGE INVENTORY
Won't Last There are currently 3.75 million homes for sale. We have had a record inventory of homes on the market in recent months, offering consumers the greatest choice in decades.
PRICES OVERALL HAVE STABILIZED
Contracts for home sales in August are up 4.3 percent1 and the outlook is for home prices to increase next year. Positive Outlook Former Federal Reserve Chair Alan Greenspan recentlysaid that housing prospects are looking up. "Most of the negatives in housing are probably behind us. The fourth quarter
should be reasonably good, certainly better than the third quarter."2 According to industry estimates, 2006 will be the third-best year on record for home sales.3 Real Estate is a Great Investment Homeownership is a safe, secure way to build long-term wealth. The national median price of homes
bought ten years ago has increased 88 percent.3 The number of US households is expected to increase 15 percent during the next decade, creating a continued high demand for housing.4 Don 't Delay Now is a great time to buy or sell a home.
Call me at 931-801-9451 or email me at jboyance@realtracs.com
