sellers: Don't Wait For The Market To Come Back
- 01/07/10 04:35 AM
Top Five Reasons Why Not To Wait For The Market To Come Back:1) Demand for existing homes are at it's peak2) Less competition from new home sales3) You can buy more home for your money4) Tax incentives of $6,500/existing homeowners & $8,000/new buyers5) Mortgage interest rates are low at around 5%Since early 2006 home prices in Northwest Indiana have fallen an average of 30% from the market peak. What does this mean for home owners who have decided to "wait for the market to come back"? A long wait, a very long wait. First remember at the peak of the market, … (4 comments)
Top Five Reasons Why Not To Wait For The Market To Come Back:1) Demand for existing homes are at it's peak2) Less competition from new home sales3) You can buy more home for your money4) Tax incentives of $6,500/existing homeowners & $8,000/new buyers5) Mortgage interest rates are low at around 5%Since early 2006 home prices in Northwest Indiana have fallen an average of 30% from the market peak. What does this mean for home owners who have decided to "wait for the market to come back"? A long wait, a very long wait.
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