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Affordability at historic levels & $8000 tax credit a great opportunity--but act fast!

By
Real Estate Agent with Keller Williams Realty of Pinehurst

Interest rates and declining prices are combining to create among the most affordable opportunities in 30 years.

Only 5 months since 1970 have seen affordability levels higher.  Combine that near record affordability with the $8000 tax credit for first time home buyers and it is time to rock!  But with the tax credit expiring at the end of November and new regulations concerning appraisals and good faith estimates making 30 day closings a thing of the past, anyone wishing to take advantage of this great combination of circumstances needs to plan on being under contract by early October, mid-October at the latest.

 

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Sandra Bailey
United Country Real Estate So. Utah - Beaver, UT

Jill,

I completely agree with you. I just blogged about the same thing for my clients. Too many people are waiting to see what happens. What's going to happen is they are going to miss out.  Good luck to you!

Aug 23, 2009 05:34 PM
Jill Ford
Keller Williams Realty of Pinehurst - Pinehurst, NC

Sandra,

Isn't that the truth? Good luck to you too.

Jill

Aug 23, 2009 10:50 PM