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There are several reasons for buying a home today:
1. There are more homes on the market now which means the Buyer has more choices than before in finding their ideal home.
2. The home prices have slowed over the last year making it more affordable for the Buyer.
3. The interest rates on long-term, fixed, and adjustable loans are still low. Low interest rates make it easier to qualify for a loan, and monthly payments are more affordable.
4. There is a temporary increase in conforming loan limits for FHA, Fannie Mae and Freddie Mac. Existing homeowners may be able to refinance their homes and Buyers may have more opportunities to qualify for a loan.
5. Homeownership is still the best long-term financial investment.
Call us and we will help you in finding your new home and/or obtaining the proper financing.
