What an amazing year 2009 has been so far, we have had a great refinance boom thanks to low interest rates, great interest in home buying due to rates and prices being lower, along with the incentives that are out there for first time home buyers.
Home buying is a huge economic engine for our ecnomy, inside a real estate transaction there can be up to anywhere from 12 to 20 different jobs represented, including: loan officer, loan processor, realtor, assistant, title company staff, county recorder, appraiser, insurance agent, flood company, credit bureau employees, surveyors, builders, home inspectors, engineers, attorneys and the list goes on and on.
When you make a decision to buy a home you employ alot of people that help the economy turn, rewards for buying a home are numerous - home ownership, investment, tax deduction, belonging to a community etc.
If you have been thinking about home ownership and are looking at buying your first home, this is perhaps the best time to purchase a home now, interest rates are still historically low, prices on homes are down from previous years, and there are government incentives this year to first time home buyers that may reward you up to $8,000 for buying now.
May and June have been outstanding months in real estate, with record closings and volume we are set to assist you when you decide to purchase your next home!
Darren Stewart
OakStar Bank
417 447 7927