10 Reasons to Buy a Home:

1. Prices are great! Housing prices are down 30% and are affordable.
2. Rates are great! You can find a 30 – year fixed mortgage loan for as low a rate as 4.3%. That’s a fifth of what they were just two years ago.
3. You can save on taxes. If you add up the benefits of mortgage interest, it far out weighs the costs of renting a home that’s comparable.
4. Ownership. It goes without saying that owning something is a wonderful feeling. You can have whatever type of paint or flooring you want! There may be some restrictions within your community, however, you have more free reign than any landlord would allow.
5. You can get the home of your dreams! In most markets there are a lot of very nice homes on the market for highly reduced sales prices.
6. Protection during times of inflation. Historically, long term appreciation beats out inflation.
7. You’re in a low risk situation. When the economy starts to pick up again, you stand to benefit from that whether you plan to move or not.
8. It’s forced savings. A part of your payment each month goes to equity.
9. Your home choices are endless! There are over 4 million homes currently on the market. Go out, find what you like and get it!
10. Sooner or later the market will clear. The U.S. is expected to grow by another 100 million people in 40 years. They have to live somewhere. Demand will eventually out pace supply.

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