The Broken Arrow Voice

Broken Arrow, Oklahoma; Where Opportunity Lives. Find out what is happening in the community from city leaders, charities, churches, and business leaders- Homes for sale, social events, politics and more.

Friday, December 31, 2010

Reasons to Buy a Broken Arrow, OK Home in 2011!

In a recent article posted in Realtormag, Michele Lerner gives 5 reasons why you should buy a home in 2011. They include:

▪ Mortgage rates will stay low. Even with rates climbing — maybe to as high as 6 percent by 2012 — they are still well below where they have been historically.
▪ Tax cuts could help
. Extending the tax cuts could encourage a more rapid recovery for the economy.
▪ Americans want to be home owners
. A recent Fannie Mae survey showed that Americans still believe a home is a safe and desirable investment.
▪ Builders are about to begin building
. Home builders have been sitting on the sidelines. This year, they think pent-up demand will create an appetite for new homes.
▪ Homes are shrinking
. Homes are getting smaller, which has made them more affordable.
Source: Investopedia, Michele Lerner (12/24/2010)

If you are considering buying or selling a Broken Arrow, OK home, now really is a great time! Contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com to find out more.

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