4 Good Signs for Real Estate in 2010

Thursday, January 7, 2010 posted by tommi

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It’s beginning to look like 2010 is the year to buy a home

  1. Cheap Prices:  After a decade of steep home price appreciation, the recent crash pummeled home prices back to levels last seen in 2003.
  2. Low Interest Rates:   5 percent or less for a 30 year fixed rate loan mean rates are at historical lows, at least for now.  Rates are expected to rise the next 4 quarters…so if you snooze, you may loose the chance to lock in at once in a lifetime rates.
  3. Foreclosures:  Although losing a home is a life changing, tramatic experience…large numbers of foreclosures have created wonderful opportunities for buyers and investors.
  4. Uncle Sam:  Uncle Sam is sweetening great deals on homes by handing out thousands of dollars to first time and existing homeowners who close on a home before June.

Thank you for visiting Why6Percent.com.  If you have a home to sell, we can put your listing in front of millions of serious home buyers with the click of your mouse.  Why Pay 6 Percent???  Visit the website for details and free marketing services.



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