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5 Great Reasons To Buy Now

It is nearing summer in Arizona, baseball season is in full gear and spring fever is still in the air.   Maybe even go out and see a few homes, discover for yourself what is available.  There are actually some compelling reasons that make this a great time to not only look but to buy now.  So the top 5 reasons, David Letterman style are:

#5)    Competition for those real buyers who have waited . . With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.

#4)     Record Inventory  -  There is a lot on the market and no one likes lots of choices better than the American consumer.  

#3)     Low Interest Rates  -  Strangely enough large drops in the prime rate have had the opposite effect on mortgage rates.  Right now they are historically low however that can't last forever and with some of the new restrictions for lenders, they can't help but rise.  Additionally when activity resumes they will rapidly escalate to higher levels.  

#2)     You can Negotiate  -  Buyers want to wait and wonder if the market has hit "bottom".  "Bottom" is a relative term; you only know its bottom after the market rebounds.  Even if you should pay a little more than you think you might at a later date, normal appreciation would make the difference irrelevant within a short period of time.  Choice inventory + less competition + low mortgage interest rates + sellers willing to negotiate = sweet deals!

#1)     You won't get first degree burns from your steering wheel!  The car is cooled, and we are off to see the best smoken' deals this summer! If you are new to Arizona, you need to know it gets HOT.  If you have lived here through a summer, you already know that.  Either way, this is the best time of year for home buying  and for "Hot Deals". 

Don't wait to buy real estate - Buy real estate & wait!

Huge Inventory + Less Competition + Low Mortgage Interest Rates + Sellers willing to negotiate + Fabulous Weather = Sweet Deals!

 


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John Hall & Associates
11211 N. Tatum Blvd. Suite 200 • Phoenix, AZ 85028
Office: (602) 953-4000 • Direct: (602) 359-5432