1. First-time buyers tax credit ($8000 or up to 10% of the cost of the purchase)

2. Mortgage rates remain near historical low

3. Best affordability and prices since 2003-2004

4. Better choice of inventory - distressed, resale, new

5. Motivated sellers may be more willing to give concessions

6. Federal, state, and local grant or assistance programs

7. Low down-payment programs - FHA, VA, Rural Development

If you are considering making your first home purchase, remember the tax credit expires at midnight on November 30th. That means you have to have found, purchased and closed on your new home prior to November 30, 2009 to be eligable for the tax credit.

If you are looking for a team of professionals to assist you in finding your new dream home. Contact us today at 608-469-5199 to learn how we can help.