Why should you buy in today’s real estate market?

 

They call it a “Buyers” market for a reason!

 

1.   There are many homes to choose from – great selection.

 

2.   Sellers are more likely to discount their prices due to the higher supply of homes (This is market specific – ask your associate about local conditions).

 

3.   Excellent interest rates.

 

4.   Tax deductible vs. rent - approx. 1/3 of your monthly P&I is saved due to tax deductibility. Let the government help grow your equity.

 

5.   Renting is spending – the money is gone.

 

6.   Owning is investing – your equity increases as you pay down the loan.

 

7.   Real estate is a very low volatility investment. It has only had two periods of decline in the last 40 years in Massachusetts. (1990-1993, 2006-2009).

 

8.   After 3 years of declining unit sales and 1 year of much stricter lending standards, we are likely at or near a low point for prices.

         Buy low, sell high.

 

9.   There are many positive economic factors in the news today.

You can’t time the bottom of the market.