Top Reasons to Buy Now:
-There are currently over 2,100 homes for sale in Southern MD
(over 600 in St. Mary's, 700 in Calvert, and 800 in Charles)
-The median sales price in Southern Maryland is $249,900
(as of April 2012)
-Most sellers are willing to negotiate on price and closing help
(on average in Southern MD, sellers have been taking offers 8%
less than original list price)
-Mortgage interest rates are low
(recently as low as 3.75%)
-100% financing & First-Time Buyer loan programs are available
-The population in Southern MD is expected to grow 25% by 2020
(328,074 to 409,700)
-A fundamental principle of investing is "buy low, sell high"
(recent price depreciation has created excellent opportunities)
-On average, the value of a home nationwide nearly doubles
every 10 years
-60% of the average homeowner's wealth comes from their
-The average homeowner's net worth is $171,000
(that's nearly 46 times that of the average renter, who has a net
worth of $4,800)
How do you know if now is the right time for YOU to buy?
Here are some tools to help you decide...
What are the risks? Mortgage Calculators
9 Steps to Owning a Home (video)
Your FICO Score Get Pre-Approved
Market Statistics 1st Time Buyers Mortgage Shopping
Search for Homes!