10. New Home Choices are Many. Instead of having to partake in a lottery to get a brand new build, you are now deluged with incentives to buy a spec home.

9. There are fewer investors. Better hurry though, because soon they’ll be coming back in and you’ll have to compete with them to snatch up the best deals.

8. Financing options are improving. With new legislation, and the virtual elimination of the sub-prime loans, fixed rates are back. Special mortgage programs are available for many buyers. Hopefully, you’ll only buy something you can really afford.

7. Location, Location, Location. With gas prices on the rise, it is even more critical to many buyers to be closer to their work. The homes on the outskirts of town are not the only affordable (and available) options.

6. It’s a Buyers Market. You have time to evaluate and research your options, without worrying that your “dream home” will be sold under your nose.

5. Seller Contributions Toward Closing Costs. It has become very common for sellers to agree to these concessions and reduce the out of pocket costs for buyers.

4. Your Realtor is Earning His/Her Commission. Gone are the days that transactions seemed to just drop in their lap. Hopefully, those “left in the game” are the hard-working ones that know their business and are keeping up with training and changing times.

3. Reasonable Offers are Considered. The industry is back to having an average of list price to acceptance price of 95% or so.

2. No Bidding Wars! A few years ago, particularly in AZ, there were so many buyers competing to buy a single property that bid wars escalated beyond listing prices on a regular basis.

1. Huge Inventory of Properties to Choose From! With it being a buyer’s market, there is an incredible selection of properties out there.

Ok, well, this may not apply to EVERY location within the US; we recommend you contact your local real estate professional of course for guidance. But it is encouraging news.

Can anyone else add any more reasons, positive or negative, regarding real estate NOW?

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