Why Should I Buy a Home Now?

Now is the perfect time to build.  But Why?

•Prime interest rates are the lowest they have been in 4 years and over a percent lower than the 15-year average interest rate.  Source: Moneycafe

•Builders are aggressively pricing new construction and discounting homes, which is typically rare.  Source:  Chicago Tribune

•If you owned your current home for more than five years it is still worth far more than you paid for it.  Even considering the dip in the market.  If you owned your home more than five years the gains are even greater.  Source:  MLS Data

•Builders have absorbed price increases and fuel surcharges to promote building.  Belman Homes has held prices over 2 years despite numerous material increases.

•New Homes are more energy efficient than older homes saving you money on gas and electric.  Source:  Energy Star

•Newer homes rise in value faster than older homes.  Source: MLS data

•Older homes require more maintenance than newer homes.  Maintenace repairs cost money.

•Occupancy rates in apartments are at a historical high, which means landlords are more likely to raise rent.  Simple supply and demand applies.

•You can guarantee your home interest payment for 30 years.  You cannot guarantee your rental payment past your lease.  With apartments at 90% plus occupancy, rent is sure to go up.

•The credit crisis has not affected Wisconsin like other markets.  Residents have less debt and higher credit scores than the national average.  Source: Wisconsin Real Estate Magazine

•Wisconsin foreclosures are less than half the National Average.  Source:  Wisconsin Real Estate Magazine

•Remodeling projects only return 40 cents to 60 cents on the dollar at resale.  Source: Builder Magazine

•Even though the average days on the market for homes has increased, the average sales price has still increased the past five years.  Source:  MLS data.

For more information about building please visit this site:

Why Build Now Flyer    Why Build Now Flyer 2

So what are you waiting for?   Please see a Belman Homes New Home Consultant now to take advantage of the great opportunities in the market.

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©2008 Belman Homes Inc. Do not copy or post this information without the express written permission of Belman Homes, inc.  We will not be held liable or responsible for data or studies mentioned herewith.  Please consult sources for more information.