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10 Great Reasons To Buy a New Home NOW
- Interest rates are near their lowest point in 40 years. Your monthly payment may never be lower.
- New Homes are larger than ever before. You’ll have room to grow and then some.
- Purchasing a home may actually cost you less than renting an apartment when you consider tax savings. According to the National Association of Realtors $10,000 used for a down payment on a typically priced home in the United States at a typical appreciation rate of 5 percent will return $110,000 after 10 years. The same $10,000 invested in the stock market appreciating 10 percent annually will result in $23,600. No wonder the data from the Federal Reserve show consistent results year-after year of the staggering difference in net worth between homeowners and renters. A typical homeowner had $184,400 in net worth versus only $4,000 for a typical renter.
- Real Estate is historically a better investment than the stock market.
- New Home architecture in Las Vegas is among the best in the world.
- Build equity for the future.
- Prices and interest rates will rise and cost you more.
- Save on energy costs. New Homes generally meet or exceed federal energy guidelines.
- New Home Builders Are Offering up to $100,000 in Incentives, either off the asking price, upgrades, closing costs or a combination of all three. New construction are offering lease back opportunities until project completion and todays prices for tomorrows closings, with a guarantee of no reduction in value.
- New Home Prices are often less or equal to re-sale. You choose all upgrades.
The builders have been hit hard in Las Vegas and they have been forced to create real estate opportunities that make sense for today’s troubled times. A situation that could make you a whole lot richer over the next few years. This could be an opportunity for investors and buyers to buy low and sell high.
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