5 Reasons Why You Should Buy a Home in 2012

Home buying has seen its ups and downs over the years. Fortunately, as we move into 2012, the market is primed for those ready to purchase a new home or buy an investment property. The steady decrease in housing prices has created the perfect buyer's market. That dream home that was unaffordable five years ago now sits perfectly in your price range. Those investment properties are priced just right to bring some positive cash flow into your life. And let's not forget the surplus of lenders offering rock bottom mortgage rates.

Like any major decision, home buying should be a well thought-out process, but with the right realtor, you can receive expert advice and discover a myriad of homes that are suitable for your budget.

Top Ten Reasons to Buy a Home in 2012

1. Value: Purchasing a home right now means you're getting a great deal and securing a sound investment. Home prices are so low that you're bound to see a future increase.
2. Low Interest Rates: This one clearly is a no-brainer. There is no better time to purchase than when the banks are bending over backwards to lend you money at a very affordable rate.  
3. Low-Deposit Options: According to a recent article in the Guardian, low deposit mortgages are making a "strong resurgence." These mortgages are especially helpful to individuals or couples who don't have access to a lot of down payment cash.
4. Access to Information: Home buyers of the 21st century have the unique advantage of being instant home buying experts. Simply hop online and you can search properties for sale in your area, read lender reviews and hunt for the best realtor to represent you.
5. Rent is Going Up: For most people, the alternative to buying a home is renting one; however, a recent article published on AOL Real Estate cites a nearly 4% rise in rental costs in 2011, while home prices dropped almost 2%.