“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

It doesn't Matter if You Qualify for the Tax Credit - Buy a Home!

Spokane WA Real Estate Expert - Ross Quintana

Ross Quintana Spokane WA Real Estate Expert! Hello Everyone,

Well the timeline for the tax credit is coming to a close and there is a lot of hype about taking advantage of it. There is more to this market than the tax credit. Fact is that the interest rates are as low as they have been since 1971 when they started recording interest rates.Spokane Real Estate Market

Fact number two is that the affordability index is at a 30 year low meaning that when you take the average income and divide it into the average home prices you get a number of how affordable it is to buy a home.

These two things alone mean that if you are say 30yrs old, there is a good chance this is probably 1 of 2 times in your life when things will be this good. People get cuaght up in the talk about down markets, but for buyers there is high inventory, low rates, affordable prices, and a market that is just past it's bottom and starting to recover. That means it is a great time to buy.

Call us for a free Buyer Consultation so we can help put you on the right track to take advantage of the market we have right now. 509-362-1966

Spokane WA Real Estate

Posted Tuesday Apr 13