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Liberty Rental Properties
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It’s a Great Time to Buy
· In the boom years of 2004-2005, sellers held a winning hand over buyers. They could dictate prices and terms to multiple bidders who were lining up at their doors. · Today, buyers have greater opportunities than they have had in years.
o Prices have leveled off, or even declined in some areas, making this the best time to buy. o Houses are staying on the market longer, creating a wider variety of choice for home shoppers. o Mortgage interest rates are still very affordable and remain near historic lows. o Many builders are offering discounted financing packages and value-added incentives to purchase a new home. o A wide range of financing options are available for consumers in all price ranges. o The economy is solid and job creation is strong – which bodes well for future house price appreciation.
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