Financial News Icons Say Now Is the Time to BUY!

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We received some tough news on housing last week. Prices are still softening. There was a lot of negativity surrounding these reports. The news caused more consumers to be concerned. However, the real question is what this means to you and your family. This could actually be great news if you are buying (either as a move-up buyer or a first-time buyer).

We don’t want you to take our word for this. Instead, here are excerpts from articles published last week by two of the country’s iconic financial publications: The Wall Street Journal and Forbes Magazine. 

The Wall Street Journal: Why It’s Time to Buy 

“Despite all the gloom, there are growing indications that it is a good time to buy… The long-term benefits of homeownership remain very much intact. For now, at least, you can deduct the mortgage interest on your taxes—a big perk for people in higher tax brackets. You get to paint your walls any color you wish, without having to clear it with a landlord. And assuming you can buy a home for about the same price as you can rent one, buying will give you the ability one day to live rent-free. Come retirement time, a paid-off mortgage means your monthly expenses are significantly reduced, and you have a chunk of equity to play with.”

Forbes Magazine: 9 Reasons to Buy a House Now

“If you’re planning to buy a house right now, the next few months may be the best time to buy… With a convergence of the factors (mentioned in the article) all of which are favorable to the prospective home buyer, there may not be a better time to buy than right now. It’s a buyer’s market, but like everything else in life, the bargain deals won’t last.”

Bottom Line 

When the Wall Street Journal and Forbes have articles saying now is the time to buy, maybe it’s time to buy.

Why you should have Richard Woodward's team at Envoy Mortgage fund your home purchase:

• No surprises at closing
• A live person to assist you - our team is committed to your service.
• Over 13 years of mortgage experience -All we do is mortgages
• Preferred status with many local service providers to make sure your purchase is stress free
• Electronic updates at every change in your files status.
• Our past clients love us - see www.mortgageprosus.com/TESTIMONIALS
• Welcome to Our Homebuyer Privileges Program: Discounts to save you money www.mortgageprosus.com/HomeBuyerPrivileges

I look forward to working with you. Please call me or apply online for a quick application.