buyers on the fence: The Hidden $8000 Tax Credit For ALL Buyers - 08/22/10 06:11 AM
When the $8000 first time home buyer tax credit was introduced last year a sigh of relief was felt throughout the real estate industry.  Everybody was happy - buyers, sellers, agents, mortgage lenders, appraisers, etc.  At the end of April 2010 it literally felt like a wild west gold rush as everyone was scraping the bottom of the barrel to buy a home so they could get their hands on that $8000. 
Well, since then inventory levels have risen even higher than before the tax credit, showings on homes for sale have all but dropped off completely and hardly anyone is … (1 comments)

buyers on the fence: The Price of Procrastination - 06/05/09 08:12 AM
 
Everyone Wants a Lower Price, But What About the Impact of Interest Rates?When shopping for a home, the natural tendency of any buyer is to want to pay the lowest price possible. It's important to keep in mind, however, that the sales price is not the only factor that determines what your monthly payment will be. In fact, the impact of higher interest rates can easily nullify any benefit of waiting for a lower price.Why Should I Rush to Buy? While you may have heard discussions in the media about the decline of property values in many markets, the rate … (0 comments)