3 Reasons Why NOW Might be the Best Time to Buy

A recent article sights low interest rates, soon-to-expire Federal Tax Credits and low home prices (possibly rising) as 3 great reasons to consider buying a home now. The article, by Jim Gallagher, suggests that now could be an ideal time for first-time home buyers and move-up buyers. From RISMEDIA.com:

If you have a good job and good credit, the next few months might be a good time to go house hunting. Fence-sitters take the risk that Congress may let a rich tax credit expire, and that interest rates may rise. Buyers and sellers should consider the following factors as they consider jumping into the housing market.

Mortgage rates are blissfully low, and that may not last.  Read more...

The home buyer tax credit expires on April 30, 2010 and no one knows if Congress will renew it a second time. Read more...

There are indications that home prices are near a bottom in some areas and may actually be rising a bit. Read more...

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