A great time to buy a new home

Right now is an excellent time to buy a new home.  The signals in the housing market are very positive. If you have been thinking about a home purchase, take advantage of today's favourable buying conditions.

What's happening with new home prices? New homes continue to be a great purchase. It's a buyers' market in most areas. Today's competitive marketplace means that you get great value for your housing dollars. New homes are better designed, better built and include more and better features than ever before including many of yesterday's upgrade and luxury features are standard when you buy a new home today. 

Are home builders offering what I want? Whether you are looking to buy your first home or your next, the new home market offers incredible choice and selection. From starter townhomes to retirement bungalows, from downtown infill to suburban communities, from neo-traditional to ultra-modern, builders are providing a full range of styles, designs and prices. And you don't have to buy a custom home to enjoy the freedom of choosing your own features and finishes. 

What will it cost to finance my home? Low interest rates mean lower housing costs. The affordability of home ownership has improved significantly over the past few years. The combination of lower interest rates and stable housing prices has led to a substantial reduction in the ratio of mortgage costs to average family income in most centres across the U.S.. 

Home buyers should take a close look early on at the wide range of home financing plans and options offered by financial institutions. Lenders can help you to put together your own personal home ownership plan, so that you get the most out of your mortgage and reach your overall financial goals.

Put yourself in the picture. Make a smart move: buy new, buy now. 

CONTENTS:

A great time to buy a new home
Do your homework before you go shopping
Financing your new home
Buying a new home may be possible sooner than you think