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You are in the midst of a buyers’ market, there hasn’t been a better time to buy in years! Mortgage rates are at an all time low, sellers are motivated, owning a home is a great investment in your future, and can lead to many, many years of happy memories. So why wait? It is a great time to buy!

Motivated Sellers and Inventory
Now is an ideal time to buy. In most markets affordability is high and there is an abundance of inventory. A modest recovery for existing-home sales was seen in 2009 and is expected to continue through 2011. There are many options out there for buyers and sellers who are willing to negotiate and work towards a win-win situation that works for both parties.

Benefits of Ownership
Owning a home is the American dream. A home not only provides financial benefits but it also provides shelter and security to families.
Did you know that:

  • Home owners move less often and are more likely to vote and volunteer time for political and charitable causes than renters?
  • Children of homeowners tend to perform better in school and attain higher levels of education than children of parents who do not own a home?
  • Dollar for dollar, the rate of return on an individual’s cash down payment on a house is substantial? Given the leverage in purchasing a home, the average return on a 5% down payment over 10 years is usually three to five times greater than stock market returns?
  • When you own a home you may be able to deduct the property taxes and mortgage interest from your income taxes?
  • In most cases the gains that you make when you sell your primary residence are tax free?

Talk to a Purdy Real Estate REALTOR® today about helping you achieve the American dream!

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