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Interest Rates
Interest rates are still at or near historic lows.
| 30 Year Fixed Average |
| 1988 |
10.34% |
| 2000 |
8.05% |
| 2008 |
6.27% |
| 2010 |
<5.25% |
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Price
- Prices are at a temporary low.
- Trying to time the market? You will
not know when prices have hit rock
bottom until they start to climb.
- Many Sellers are willing to negotiate.
- Median prices have been moving up
the past 3 months in New England.
- Rents are rising.
Choice
- Inventory is abundant... you have lots of choices available
- You are more likely to get your 1st choice and not have to settle for your 2nd or 3rd.
- Many Builders are offering incentives... don't wait...
Financial
- Tremendous tax advantages over renting.
- Capital Gains Exclusion ($250K for individual or $500K for couple).
- Mortgage companies are making loans…
- Equity — It is estimated that a home will double its value in
10 years.
New Construction
- Save on energy costs - Most new homes today are built with high performance materials and energy efficient heating, cooling, and hot water systems.
- Warranties - Most new homes provide a builder warranty and manufacturer warranties
- New homes offer the latest in architectural design, media rooms, outdoor living spaces, open floor plans, and flex space.
- Many new communities (single family and condo) offer local amenities for exercise, fitness and play saving the cost of transportation to other locations.
- Many Builders are offering great incentives for buyers to buy now.
- There's nothing like moving into a new home! New flooring, new cabinets,
new fixtures, new appliances, new paint, new systems... buy now and
enjoy!
How Long Will All This Last?

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