Now that the tax credits for home buyers have expired, many people are wondering if this is a good time to buy a new home. The answer is simple and easy: Yes. It's a very good time to purchase or build a new home. Even without the tax credits there are many reasons why you shouldn't wait to Buy a New Home. Unbeatable investment, fabulous low interest rates, available loans, a tremendous variety of purchase selections, new energy efficiencies, a good economy, and a home is more than a house--it is place where memories are created. 

If there is a silver lining to the recession, it's that homes in most markets are more affordable. Many builders have priced in several options and upgrades to that provide more value-added incentives. Even in so-called down markets, home prices still appreciate more than the stock market over the long-term. Better current prices translate into even greater price appreciation.

Rates remain at near-record lows. You can lock in a payment that fits your budget. There is no indication that rates will suddenly surge upward, but even a slight rate increase can push monthly payments to the point that a buyer might miss out on their first choice for a new home.

Designed to accommodate today's busy lifestyles, new homes feature open floorplans, flexible spaces, improved safety features, low-maintenance materials, and other amenities that make them more appealing.