Not only is right now an incredible time to buy a home (due to the $8000 federal tax credit everyone is talking about), it's also the best time in recent years to sell a home, due to high buyer demand from this same $8000 credit. Buyers out there are getting into multiple offer situations every day on the new homes to the market that are priced right and sellers are reaping the rewards from this demand. Plus, if a seller sells their current home and has the new home that they want to buy under contract before the end of April, they can qualify for the $6500 "move-up" tax credit after the purchase this home. This is a true win-win situation for current home buyers and home sellers because both sides make out big time with the incentives.
Email me anytime at soldwithtom@gmail.com if you would like a free market analysis of your home, or if you would like more info on all of the specific tax credits. But remember, the end date for all of this is April 30th, 2010 so even if selling or buying a home is just a thought at this point, there are less than 3 months left and time is running out to get these incentives.
Oh and as you can see, this is my first (actual) blog post! Even though I am just getting my feet wet in the blogging world, I do plan on updating this blog a few times a week with articles and stories (as well as my thoughts and insights), regarding the national, regional, and local real estate scene. Feel free to follow this blog and recommend it to friends and family as I hope to keep people up-to-date on current topics regarding all types of real estate.
Thank You!
