Sunday, February 20, 2011

Why Buy a Home in 2011?

Are you considering buying a home but are still on the fence?  Get off it, it's time to buy. Here are a few good reasons why:
Currently inventory in Overland Park, KS is at an 8 month supply which indicates a continued strong buyer's market.
Interest rates are on the rise, view rates, as I write this 4.875% on a 30 year fixed conventional loan, last week it was as high as 5.25%. They'll most likely be above 5.0% again very soon for good.
The housing market in Overland Park, KS is back on the way up.  We've seen sales of existing inventory increasing over the last 3 months and I expect the trend to continue.  In a recent article on HousingPredictor.com, Overland Park, KS was predicted to be the 17th BEST real estate market in 2011, view article. This article supports the trend that our market is on the way up. If you as the buyer remain on the fence you'll miss out on a great time to buy - BUY LOW - sell high.
Owning a home is still important to your happiness and success. As cited in the Home Ownership Matters campaign by NAR the benefits of home ownership include 1) Higher Academic Achievement 2) More Cohesive Communities 3) Stronger Families 4) Improved Health & Safety 5) Stronger Economy. Sounds good to me, how about you?
Don't wait, get on the path to owning a home in 2011. I'll be hosting a FREE Home Buyer Seminar on Thursday Feb. 24th at 6:30pm, register today and get moving before it's too late. Can't make it on Feb. 24th? No problem, call 913-568-7355 or email me tohlde@kw.com and we can schedule a private buyer consultation.
I look forward to working with you soon!