What a great time for home buyers. With the tax incentive, low interest rates and the abundance of homes on the market why would anyone qualified to buy a home sit on the fence.
I know there are always going to be those who want to wait for the "right" time and those that always think there is a "better deal" just around the bend. I was showing homes to a client recently and every day he would ask, "Is there anything new on the market that I might be interested in?" He had already viewed 30 homes under $100k! Come on, it's time to make a decision.
Then there are those that just don't want to be homeowners. They like someone else doing the maintanance. They just don't want the responsibility. I understand that. If they want to make my mortgage payment and build my equity, ok, I'll rent my investment property to them.
Of course, there are those that just can not buy a home for financial reasons, no matter how attractive it is. I would suggest that if they really want to be home owners consider owner financing or local investors who will sometimes take a chance for a higher interest rate or money down. We have to be creative when working with these buyers.
Regardless of the situation, it is a great time to buy a home.