Monday, August 10 2009
You hear the bad news everywhere you turn. It’s on the television, the Internet, the radio
and in print headlines. What you don’t hear is the good news about the real estate market.
Bad news sells newspapers and gets high television ratings; therefore, the media has no reason
to report the upside of today’s real estate market to the average American. This is where I
come in. For example, did you know that approximately 30 percent of homeowners own
their home free and clear?
The current market also affords some great opportunities for those looking to purchase a
home. First-time homeowners, move-up buyers and investors can all benefit from low home prices, large selection and historically low interest rates.
In addition, the government recently approved a First Time Buyer Tax Credit, up to
$8000, that does not require repayment if the borrower resides in and maintains ownership
of the property for at least three years. Regulations do apply and can be reviewed at www.federalhousingtaxcredit.com, or just give me a call and Iwill be happy to discuss
it with you.
Call me at 812-499-9234 to hear more about the good news in today’s housing market.