4 Reasons to BUY NOW Before Christmas

In the market for a new home? Here are four reasons to add real estate shopping to your December to-do list.

Now is the time to buy!  The overall housing market continues to improve and demand is quickly approaching 2006 levels.  This means that the window of opportunity to get a great deal is shrinking, especially as lumber prices and other construction material costs continue to increase.  Prices are going up in 2015, but there are still great opportunities to buy RIGHT NOW.

According to a recent report from Zillow, U.S. home values are currently up 6.4 percent year-over-year and will continue to rise in 2015.

What’s driving affordability? Low mortgage rates. Currently hovering in the 4 percent range, rates are projected to edge up to 5 percent by the end of 2015, according to Zillow Chief Economist, Stan Humphries.

To put this in perspective, did you know that if rates go up by just one percentage point, your purchasing power is reduced by a whopping 11 percent? Find out how much waiting to buy could cost you.  That’s a difference of $27,500 and could mean the difference in getting that home with the bonus room versus the one without!

Legacy Homes’ Preferred Lenders are standing by waiting to quote a rate and explain how easy the pre-approval process is.  Best of all, you pay NO Closing Costs when you use on of our Preferred Lenders – and you get GREAT service!

[Ready to buy a home? Click to see our Preferred Lenders and get contact information!]

It’s no surprise that people prefer new homes compared to used homes.  You don’t go to a department store and buy used clothes or visit a car dealer and pay more for a used car than a new one?  New homes offer the latest designs, style, comfort, energy efficiency and quality. They provide a care-free lifestyle so that you can enjoy your home, not work on it!

At the end of the year, everyone is looking for ways to lower their tax bill. And closing on your new home before Dec. 31^st is one way to get some breaks.

After all, you can deduct home purchase costs, including mortgage interest, property taxes and points — while you build equity and save yourself a significant amount of money.

Start shopping now with Legacy Homes, your Premier New Home Builder in Madison, Huntsville, and North Alabama.  Legacy Homes offers the perfect blend of Square Footage, Features, Location, and Design to simply give you the Most Home for the Money!