For the buyer: This is the time to take a look at what’s available
on Wednesday, July 15th, 2009 at 4:35 pm by kristabIf I am a buyer with a good job, decent credit, and the ability to repay the loan (the character there), then you could not ask for a better time (probably in your lifetime) to get into this market place. It is amazing what’s out there on the market. The opportunity presents good inventory, low interest rates, $8,000 gift for 1st time home buyers and for those that aren’t 1st time home buyers, the opportunity to put money somewhere that you won’t be losing it all the time like the stock market. Get out there, look at the inventory and choose where you might want to spent 3-10 years or get into the neighborhood that you want to be in, the one you have been dreaming of. You might be surprised and be able to afford more house than you originally thought.
There have been 1150 transactions closed here in York, Chester, and Lancaster counties since the beginning of this year. So the Real Estate market is humming. That has traditionally been the slowest part of our year. We have got 350 pending right now, we expect 2 to 3 times that by the end of the summer months. And then we will look at a strong finish by the fall. Again, 1st time home buyer, if your not closing by November 30th you lose that tax credit.
