If you are a potential first-time home-buyer who is sitting on the fence, now may be the "Golden" time to the leap. There are several reasons why buying your first home now makes good sense. #1: Softened Prices Increase Home Affordability, #2: Low Interest Rates, #3. Large Inventory to Choose From, #4. An $8,000 Tax Credit Bonus #5. Mortgages May Cost More in the Future, #6. If You're Pre-Approved to Buy, Act Now, #7. Home Ownership Creates Long-Term Financial Stability. Sure, buying your first is a big step. But with so many positive market factors in your favor and with the help of a great agent, doesn't it make sense to empower your financial future and purchase your first home now? No one can say for sure whether we've reached the bottom of the market. What we can say is that the U.S. housing industry, while still down on many counts, is showing signs of recovery. Confidence is slowly re-merging. New families are discovering the real-life value of owning their homes. This summer, new buyers will barbecue in their own backyards for the first time. Homeownership continues to deliver a sense of satisfaction and pride.
