It's a Great Time

December 23, 2006

From The National Association of Realtors:

Right now may be one of the best times to buy a home. Consider these facts:

INTEREST RATES NEAR RECORD LOWS
Today's rates are comparable to 40 year lows;

LARGE INVENTORY WON'T LAST FOREVER
We have had a record inventory of homes on the market in recent months, offering consumers the greatest choice in decades.

PRICES OVERALL HAVE STABILIZED
Contracts for home sales are up slightly and economists think they may be up 5-6% in 2007.

POSITIVE OUTLOOK
According to industry estimates, 2006 will be the third best year on record for home sales. The number of US households is expected to increase 15% during the next decade, creating a continued high demand for housing.

REAL ESTATE IS A GREAT INVESTMENT
Homeownership is a relatively safe, secure way to build long-term wealth.

DON'T DELAY
Now is a great time to buy or sell a home. Call Century 21 Lois Lauer Realty and they will
provide you with the tools to make that buying or selling decision.