WHAT DOES TODAY'S MARKET LOOK LIKE?
Every market is local. Ask a REALTOR®
what's going on locally.
This may be your best
opportunity market in years. Mortgage interest rates
are at record lows, home are priced more affordably
and there's plenty of selection.
And don't be scared off by stories about a "credit
crunch." Conventional loans are available for credit-worthy
buyers seeking these types of mortgages.
Is it a good time to buy?
People will always need to buy or sell a home
whether a move is job-related or you are ready to
downsize or expand.
It's important to do some homework before you buy
to see what you can afford and what your financing
options are.
Housing is your best long-term investment
Owning a home is how many
families begin to accumulate wealth. Given the
leverage you get 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. And you can't live in
a stock! In Illinois the median price in 2009
was 5.9% higher than it was 10 years earlier in
1999.
Why wait? It's a good time to buy and grab
your piece of the American Dream.
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