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Top 10 Reasons why it is a great time to buy now
By michelle | December 19, 2007
Thinking about buying but not sure if you should? Here are my top 10 reasons why it is a great time to buy a home in Woodinville!
- Wide selection of housing inventory- which will likely increase in the next couple of months.
- Patience is tolerated - you can take your time, look at several homes and think about your decision.
- Billing wars are rare - they still happen but in a buyers market you don’t typically have to go through this frustrating and stressful process.
- You can make an offer under list price - sellers are considering all reasonable offers right now.
- Repair requests are considered - you can actually use the information you gain from your inspection in the negotiation.
- Favorable mortgage rates - despite all the doom and gloom in the media, rates are still near 45-year lows.
- Tax Benefits- home-ownership continues to be encouraged by Uncle Sam through tax deductions.
- Leveraging- home-ownership is the only investment where you put a percentage of the purchase price down and earn returns based upon the entire value of the investment.
- Positive Puget Sound economic forecast- the forecast for 2008 and beyond continues to be positive so a major downturn in home prices is unlikely.
- Homeowners in it for the long-term nearly always come out ahead in building wealth and you get to put a roof over your head!
Please contact me if you would like additional information on the Woodinville real estate market or a private tour of homes in the Woodinville area.
Topics: Real Estate Info |
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