5 Reasons NOW is a Great Time to Buy a Home!

1)  Interest rates are still low!  Remember the 80s when interest rates were 17% or more? 

2)  Selection!  Right now there are well over 1800 single family homes listed for sale in Springfield alone, with another 3800+ single family homes available in nearby cities.

3)  Less Competition!  A few years ago it was very common for several offers to come in on a home at the same time, creating a bidding war which often resulted in the triumphant buyer paying MORE than than the original listing price.  Fewer investers looking for rental homes, fewer folks trying to "fix-n-flip" and fewer buyers in general means you have a better chance of getting the property you want.

4)  Better Prices!  Without competing buyers to drive up prices, the seller is much more willing to take an offer below the listing price.   

5)  You're Not Rushed!  In the buying frenzy of a few years ago, if you found a home you wanted you had to jump on it immediately, or miss out completely!  Today you're able to take your time when choosing your new home.

*Bonus Tip:  Right now, Seller's are frantically trying to sell their homes prior to the holidays, when sales are historically low, so purchasing a home this time of year can save you even more money!

Overall, today is the definition of a "Buyer's Market" and you don't want to miss out on it!  Remember, too, that if you're selling one home and buying another, it's always better to "trade up" during a buyers market.  You may not make as much as you would like on the home you're selling, but you'll more than make up for it on the home you're purchasing!

If you would like to search for Springfield, MO Real Estate click here for access to thousands of area homes for sale.