The Housing Market

The housing market has had its ups and downs over the years, and while lately it's been down, this quarter things are really looking up. House purchases usually slow down in the winter, but this year thanks to the tax credit, we are seeing a lot more interest from qualified people ready to buy, especially since the new credit extends to existing homeowners who meet the criteria (see earlier post). Many homeowners who've been thinking about putting their home on the market are taking that step now.


Are you thinking of taking advantage of the new tax credit? Don't wait too long. Just because there has been one extension, that doesn't mean we'll get another. This credit won't be around forever.



Start looking now, by contacting an agent to help you find available homes that fit your criteria and price range. Another reason not to wait are mortgage rates which are still low but are expected to rise next year.



Don't, however, skip steps in a rush to make the deadline. Buying a home is still a huge decision. You want to make sure that the home is right for you by having all the proper steps taken during the buying stage.



When you're ready, give me a call. Just tell me what you need and we'll see if I'm the right REALTOR® for you. This goes for sellers too! Call or email me to find out what the market is like in your neighborhood. I look forward to earning your business!