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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!

  1. Wide selection of housing inventory- which will likely increase in the next couple of months.
  2. Patience is tolerated - you can take your time, look at several homes and think about your decision.
  3. 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.
  4. You can make an offer under list price - sellers are considering all reasonable offers right now.
  5. Repair requests are considered - you can actually use the information you gain from your inspection in the negotiation.
  6. Favorable mortgage rates - despite all the doom and gloom in the media, rates are still near 45-year lows.
  7. Tax Benefits- home-ownership continues to be encouraged by Uncle Sam through tax deductions. 
  8. 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.
  9. Positive Puget Sound economic forecast- the forecast for 2008 and beyond continues to be positive so a major downturn in home prices is unlikely.
  10. 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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