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Why now is a good time to buy Weichert Realtors For many reasons, now is an excellent time to purchase a home. There are many factors that work in favor of homebuyers, especially those looking to make their first home purchase.
Consider these reasons why now is a good time to buy a home:
1. Housing affordability continues to improve consistently. In fact, affordability is as high as it has been since 2003.
2. While the number of homes on the market has started to decrease, home buyers still have a wide variety of homes to choose from. This makes it more likely buyers will find their dream home.
3. Despite the news headlines, mortgage money is still available. The government has many initiatives underway to ensure that mortgages flow to qualified customers. At Weichert, nine out of 10 people that come to us are approved for a mortgage.
4. First-time buyers can now take advantage of a limited-time opportunity to receive a tax credit of up to $7,500 when they close on a home purchase before June 30, 2009.
For useful homebuying tools and calculators, click here.
Posted: November 23, 2008
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