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>> Monday, September 21, 2009

5 Reasons to Buy a Home Now

#1  You may get a fat tax credit.

#2  Prices are scraping bottom.

#3  Foreclosures are at record highs.

#4  Rates are cheap.

5  Demand is growing.

While all points made are valid reasons to jump into the real estate world—the $8000 tax credit is calling first time buyers, interest rates are at historical lows, and home sales are growing—for the Little Rock market, #2 and #3 are slightly less comparable to national trends.

While you can absolutely find a home for a good price in Little Rock, our home prices have remained relatively steady and in many areas have increased. As for foreclosures, we have seen a slight jump in quantity, but have avoided the situations faced by other markets.

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