A Buyer's Market

With high unemployment rates and the state of the economy in general, many potential homebuyers are just plain scared and who can blame them? The nervousness has caused many people who were thinking of buying a home to rent instead.

A recent article from Forbes lists several reasons to buy a house now. We are currently experiencing the lowest housing prices in years coupled with interest rates at a 50-year low. These two factors alone should encourage potential buyers to take the next step to homeownership. In addition to those facts, interest rates are expected to increase in the near future. This will make a mortgage more expensive, quickly adding a hundred dollars or more to the monthly payment with even a half-percent increase in the interest rate.

With so many homes on the market, there are deals to be found everywhere. Whether you are looking to buy a new home and reap the incentives many builders are currently offering or trying to get a steal on a foreclosure, the experts all agree that now is the time to buy.

We are JEBCO Homes. Building quality and affordability into each and every home. You can find a JEBCO Home in many Birmingham area suburbs. Please us at 205.621.0306 for more information.