Buying a home in Aurora, IL is affordable, smart and easy.
Here are the top ten reasons why now is a great time to buy a home:
10. Market prices are steady and affordable. Get a great house for a great price!
9. Homes in Aurora have not had the huge runup in price…. At an appreciation rate of 5%, a $200,000 home only increases in value $10,000 during the first year. This has helped affordability.
8. Financing is plentiful (despite what you may have heard!) Competition in the lending market gives YOU the advantage.
7. The value of Aurora homes is holding relatively stable - despite the slump on a national level.
6. Tax codes make owning a home more affordable. Interest and property taxes can be deducted. Many renters are already paying to own but don't realize it!
5. Ida Hand, professional REALTOR® in the Aurora/Oswego area can help. She can help you find and purchase a home quickly and easily!
4. Home availability and selection in Aurora, IL is high right now within all price ranges!
3. Home ownership in Aurora, IL is affordable! The percent of income spent on housing is approximately 22%; in markets like San Diego, it can cost 40% of income to own a home.
2. Mortgage rates have continued to stay extremely low - comparable to 40 year lows.
1. While sales in Aurora have declined from the fevered pace of the most recent years, financing rates are still at almost record lows. With more and more buyers learning how to qualify with new financing choices, demand and sales are expected to pick-up over the next 6 to 12 months.