NOW IS THE TIME TO BUY!!!
There is a great selection of inventory! The Ithaca Board of Realtors reports, that on average, there are 15 new listings hitting the market daily.
Interest rates are near all time lows in the 5% range! Check out www.bankrate.com
There is an $8,000 tax credit for first time home buyers! Click Here for more info...
Housing affordability is at a record high - the buying power of a typical family has risen significantly. With the drop in interest rates, a median income family can afford a home costing $20,000 more than a year ago for the same monthly mortgage payment.
On the converse... if it's a good time to buy then it's a good time to sell! First time home buyers who may have been waiting another year to buy are taking advantage of the tax credit and are in the market now. So if you have been thinking about selling, give me a call, I would be happy to provide a complimentary comparative market analysis of your home!
All signs point to a stable real estate market in Tompkins and surrounding counties.
Buying or selling a home is a big decision and a very personal one. To feel confident and prepared, you need the right tools and the right REALTOR... "Hart is where your Home is"
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