MARKET REALITY: #101
Lots of Inventory.
Lower Prices.
Good Mortgage Rates.
It’s a smart time to buy.
There are hundreds of great homes in our area - at good prices. Now’s the time to take advantage of today’s buyers market - while good mortgage rates and terms are still available.
Did you know:
1. First time home buyers can qualify for a tax credit of up to $8000 on homes purchased before Dec. 1, 09. A buyer who hasn’t shown any mortgage interest deduction in the last 3 years may also qualify as a first time home buyer for lending.
2. According to Freddie Mac interest rates are at the lowest they’ve been since they started tracking them 30 years ago.