Is now the time to buy? That's a question I hear often from would-be buyers (both from buyers who want to live in the property and from investors). And many buyers wonder if they should at least wait until after the holidays.
Here are four reasons that NOW is a GREAT TIME TO BUY REAL ESTATE:
- There's LOTS to choose from. They are still a lot of homes on the market in all price ranges. Foreclosures, short sales, and regular "equity" sales.
- Interest rates are still at historically-low levels... and they WILL go up eventually.
- Prices are LOW.
- There's less competition (from other buyers) during the holidays since many buyers do actually wait until after the holidays.
So, if you've considering buying, then now is truly a great time.
Comments