Why is it a great time to buy Real Estate right now?

To get rich in real estate you "Buy when people are selling and sell when people are buying". From 1995-2005 it was a "Buyer's Market" In late 2005 the cycle ended and values started to decline.

Most sellers who purchased a home prior to 2005 should have plenty of equity in their home. Now is the time to move up or buy more real estate. It's a great time to be a buyer today. Look at the benefits:

• Largest inventory of homes in the past 10 years.
• Lowest interest in 30 years.
• Less competition with other buyers.
• Negotiating leverage over sellers.
• More foreclosed properties and short sales to choose from.
• Tax advantages.
• First Time Buyers incentives still available.
• Move up buyers can sell now and buy at a huge discount. For example: Sell an $800,000 home for 10% less or $80,000 less and buy a $1,500,000 home for 10% less at $150,000 in savings. You are ahead by $70,000.

For more information on Buying or selling a home visit my website.

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