So Mr. Buyer you missed the tax credit... But remember rates are so low you can buy $30,000 more home vs. the rates prior to April 30th!!!

Reblogger
Real Estate Agent with Keller Williams Realty Professionals MN Broker #40288835

 

Interest rates are the lowest they have been in 50 years!

 

Original content by Kellie Morrissey

Hey All,

 LOW INTEREST RATES
We all know that the tax credit is over for new buyers....except Military!
It was a great "reason" to advertise, AND gave us something to talk about....
 
But did you know........that if you were under contract prior to April for the credit, that your rate was around 5.125%
 
With rates today in the MID 4's, a buyer can basically buy about $30,000 MORE house?
 
All WE need to do is change our advertising and get back to WHY it's a great time to buy.


Kellie Morrissey, MA, CRS, GRI, CDPE

The City & Mountains Group

Real Estate Broker

Cell 303.877.2813

Fax 720.266.6479

Keller Williams Realty Success,

LLC 10026 W. San Juan Way Suite 200 

Littleton, Colorado 80127

We would be honored if you visited our website to find 'just the right' home: www.CityandMtnsGroup.com

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Welcome from the Brainerd Lakes - where outdoor and indoor recreational opportunites abound. Looking to buy on one of our many lakes? Ready to move up or down?  Having trouble selling your home? 

Call me!

Comments (4)

Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

this is a great point that many have over looked... the 8k was a nice incentive it you were ready to buy, but not a reason to buy... Rates and prices both low at the same time = YOU SHOULD BUY!  Provided you plan on holding the property as a home for the long run.  Real Estate has always been a great long term investment.

Jul 08, 2010 04:38 AM
Kathleen Lordbock
Keller Williams Realty Professionals - Baxter, MN
Keller Williams Realty Professionals

 Robert, Real Estate has been and will continue to be a long term investment- flips in some parts of the country are still working, not so much where I am.

Jul 08, 2010 04:42 AM
Robert Rauf
HomeBridge Financial Services (NJ) - Toms River, NJ

Flips will only work when the flipper knows what they are doing and it is a true business.  But you cant flip w/o improving- that just will not work in todays market!

Jul 09, 2010 06:13 AM
Marguerite Roland
RE/MAX Allegiance - Burke, VA
Northern Virginia

Great point, we are at historic low interest rates for buying homes.  We need to look at the positive about home buying.  This market is a "perfect storm", low interest rates, low prices and sellers that are willing to make consessions.

Jul 10, 2010 02:33 PM