Has there ever been a better time for a first-time homebuyer to buy a home?
For first-time homebuyers the "perfect storm" is taking place now. Never before, at least in my lifetime, have we seen the opportunities there are now for those buying their first home. In many areas of the valley home prices have dropped to below 1999 prices . Interest rates are at their lowest. Loan programs are available that allow a low down payment, and other incentives to buyers. As if the above combinations are not enough to brew the "perfect storm", first-time homebuyers can receive up to $8000 as a direct tax credit, if they purchase a home before April of 2010.
First-Time Homebuyer's put on your slickers and ride this storm for all it is worth. NOW is the time!
Stay tuned for my next blog: How to Ride the Perfect Storm!
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