Do You Realize?

Three factors in the current residential real estate market are combining to make this a fantastic time to buy a home.
1. The Tax Credit. With an $8000 tax credit available for most first time home buyers and up to a $6500 tax credit for move up purchasers, there is real incentive to get a home under contract before the April 30, 2010 deadline.
2. Low Interest Rates With mortgage interest rates continuing to hold at near record-low levels, the cost of financing a home today means more home for the money. In addition, most experts are predicting higher rates in the not-to-distant future.
3. Affordable Prices All comparisons show home prices in our area are among the most affordable in the country. If, as some suggest, inflation could occur as a result of current economic policy, we could see a significant increase in home prices over the next few years.

For more information contact me at slaunchbaugh@cbtulsa.com