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If you have never owned a home, or have not owned a home within the last three years, there couldn't be a better time to purchase. With interest rates hovering at historic lows, a large inventory of homes for sale with prices that are either at or near the bottom, and the new $8,000 tax credit, it is a great time to begin your home search. In my 24 year real estate career, I have not seen a better opportunity to purchase your first home than right now! It probably will not get much better than this!
The typical first-time homebuyer is someone who has recently graduated from college or is a longtime renter. Since the tax credit has a time limitation, eligible buyers must keep in mind that typically it takes a couple of months to find a house and at least another month to close. Because of this incentive, there are many first time homebuyers in our local marketplace currently, so if people have been on the fence, they should consider acting very soon.
If you are ready to invest in your future and experience the American Dream, I can help. You need an experienced and knowledgeable real estate professional to help you navagate through this challenging market. Contact me today so we can schedule your Buyer Counseling Session and begin the process.
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