There is affordable housing in Happy Valley and the statistics below will prove it. There are a variety of financing options available to first-time home buyers including the Centre County Grant Program, USDA Direct and Guaranteed Loan Programs, and a variety of PHFA programs.
28% of the current active listings in Centre County qualify as Afforadable Housing based on the USDA lender guidelines for first-time buyers.
Current active single family listings - 735
Homes under % Homes Under
School District $189,900 Total market $100,000
State College 52 16.9% 3
Bald Eagle 30 75.0% 14
Bellefonte 53 39.8% 6
Penns Valley 20 57.1% 3
Philipsburg 54 84.4% 34
CCAR MLS DATA
So you can see that there are currently 209 homes for sale in Centre County that meet the afforadable housing first-time home buyer program. Add the availability of mortgage money and the abilities of a professional Realtor and you are on your way to a new home in Happy Valley.
And finally don't forget about the $8,000 (maximum value) First Time Home Buyers tax credit that expires on Dec 1, 2009.
Copyright 2009 Top Gun Tim's Coaches Corner Radio Network
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