I dont get to keep up a good blog as often as I would like, but today, I find a little bit of free time and a couple artilces I came across that I thought would be of use.
Unlike other parts of the Nation, the Oklahoma City Real Estate Market is going strong as related in this article http://tinyurl.com/npe6jt, especially homes between 100 and 150K. A really great range in our market especially for first time homebuyers who now can take advantage of the $8,000 tax credit for closing costs as outlined in this article by HUD http://tinyurl.com/m9zyzg. I'm under the impression that by monetizing the credit, if not fully used, it can still be redeemed on next years taxes. So, if you only use 5K for closing costs, you could redeem a 3K tax credit on next years tax filing. If that works, and its yet to be seen, why wouldn't anyone get off the fence and stand next to their own?
How do these two artilces fit? NOW IS THE TIME TO GET THAT FIRST HOME and by the market indicators for Oklahoma City area, you are sure to be making a wise investment.
Until next time, happy house hunting.
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