· Great Harvest - There are more properties to pick from than any other time in the last 20 years. Just a few years ago there were many more buyers than houses. Buyers had to compromise what they really wanted for something less to purchase a home.
o This is the very best time to find the house of your dreams at a price you can afford.
· No Bidding Wars – In the last 20 years there have been many years of double, triple offers. In some cases there were 20 offers on one house. Buying a house had to be a quick decision - real estate agents were writing offers on the hood of their cars while other buyers were waiting in line to view the house.
o Now is the time to buy without pressure. Find your house and make an informed decision. Your real estate professional can provide comparables to help with negotiations.
· First Time Home Buyer Heaven - Little to no competition from builders offering cash to sellers for a home to tear down.
o There are 102 homes on the market between $200,000 - $350,000. Now is the time to buy the home of your dreams.
· Fantastic Interest Rates – If your credit score is above 680 you can get the fixed conventional rate of a lifetime! Even if your score is below 680 the interest rates may still be better than your parent’s first interest rate.
o Get pre-approved and shop with a real estate professional for the home of your dreams. Make an offer and negotiate. Take advantage of the best time to buy a home.