subject: Reston Virginia Homes For Sale - Great Time To Buy! by:Robert Earl [print this page] House prices had been at an all time high for the past few years thus locking out those who couldn?t afford the prices or those who simply thought prices were too high to justify a purchase. The recent drop in prices has presented an unprecedented opportunity with the number of high quality Reston Virginia homes for sale (http://www.theearlofrealestate.com/Reston_Homes_for_Sale.aspx).
Previously, purchasers needed to compromise on a lot of their preferences to obtain a terrific Great Falls, Virginia property. Those who were selling had all the power, so in the event that you stalled by trying to bargain or demanded that they concede to your desires, you were left empty-handed. Then they would just proceed to the next of many homebuyers in line.
Northern Virginia (http://www.theearlofrealestate.com/Homes_for_Sale.aspx) has many successful businesses and it has a stunning surrounding but this has a price. If you are planning to buy a home in Virginia, you may face pricey estates. Reston Virginia homes for sale is a seldom example of housing prices as a result of the ongoing economic downturn. It is a perfect chance for you if you want to buy a home.
Anyone who is familiar with this area can tell you that waiting will not be wise. Once the rebound occurs housing prices will return to a level that is prohibitive to many homebuyers. In addition, several other advantages are at play for today?s homebuyer. With government incentives at an all time high and interest rates at an all time low now is the time to buy.
Between current prices and the incentives, owning a home are finally cheaper than renting.
Also, current interest rates are at a record low and this provides yet another advantage for buying. By locking in a low thirty year fixed rate you are assuring yourself an affordable payment until payoff. Rates are very unlikely to fall much further given their current low levels. If you wait for prices to decline a bit more you run the risk of rates rising and rates can cost you a lot more than saving a few thousand dollars on the purchase price of the home.
Due to the aforementioned factors, this is a prime to buy Reston Virginia homes for sale. If you are in a positive position in the negative economy, this is an ideal time for you to buy, and you should seize the chance. You can purchase a great home for yourself now and turn it into a great return on your investment in the future.
