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Clock is Ticking for First-Time Homebuyers

By Melissa Olson

Services for Real Estate Pros with Metrolist

May 12, 2009 02:40 PM

With mortgage rates at record lows and the $8,000 first-time home-buyer credit set to expire Nov. 30, Ronald Phipps, first vice president of the National Association of Realtors, explains to Kelsey Hubbard why now is a good time to enter the housing market.

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Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

Melissa, excellent point. And with the time it takes to close, especially if it's a short sale, the time is even more critical. The big question, will it be extended?

May 13, 2009 11:58 PM