Now is a Perfect Time to Buy a Home!

From the Real Estate Home Page


What the heck are you waiting for?

The experts say this is the perfect time to get into your dream home!

> Home prices are down.
> Home mortgages are reasonable.
> There are incentives for first-time home buyers. (June 18
and July 5 posts)
> Home choices are plentiful with the large home inventory.

But...don't wait around too long. There are indications that the home inventory is decreasing and prices are increasing.

Get in touch with your Realtor, now...explore the opportunities out there for you to get that new home you've been dreaming about!

For more see:

http://www.realtor.org/rmodaily.nsf/pages/News2009072001?OpenDocument

Happy Home Hunting!

Kwik Kwote: "We can do anything we want as long as we stick to it long enough." -Helen Keller

To see homes in the Cary-Apex-Holly Springs, NC area, take a look at http://www.TriangleEstatesRealty.com/. Or email me at Tim@TimHaag.com. Or for a no pressure toll-free chat, call me at 877-TIM-HAAG (846-4224).

Real Estate Home Page - New Action on the $8,000 Tax Credit!

My June 17th post talked about the new $8,000 tax credit for first-time homebuyers. Remember...first time homebuyers are home buyers who have not owned a home in 3 years and meet the income requirements. This is not just for buyers who have never ever owned a home!

Well, the success of the incentive has attracted both legislators and the business community. They like it so much they're pushing to expand the tax credit measure to make it even better. Several bills have been introduced in both the House and Senate lobbying for the expansion.

Here are some key changes being proposed according to USA Today:

<> Increasing the cap from $8,000 to $15,000
<> Extending the tax credit into 2010
<> Making the benefit available to all homebuyers
<> Giving a credit of $3,000 to borrowers who refinance
existing mortgages

This pays keeping an eye on. Stay tuned for emerging developments!

Like more details on the existing tax credit? Check out the following article:

http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit?lid=ronav0019

(Be sure to check with your tax accountant for information about how the tax credit personally affects you)