My New Blog

With the first-time homebuyer tax credit being extended and expanded to include move-up buyers, prospective home purchasers now have an unprecedented opportunity right now. There has never been another time in our nation in which...

* Home prices are down significantly in most areas of the country over the past three to four years. Plus the glut of foreclosures makes for a particularly excellent buying opportunity.

* Rates are at historic lows. Never before could purchaser purchase homes at such affordable rates as we have seen in the past 12 months.

* The government is literally subsidizing the purchase with a credit up to $6,500 for move-up buyers and up to $8,000 for first-time buyers. This is a dollar-for-dollar tax credit in addition to the deduction of interest and taxes paid.

Put these facts together and this means housing is the most affordable it has been in a generation. Despite frigid temperatures in many parts of the nation, Realtors around the nation are gearing up for an early Spring.

Are you prepared?