Believe it or not, the market in Delaware County seems to be heating up. Thanks to
the extension for the First Time Home Buyer Tax Credit and the Existing Homeowner Tax Credit, people seem to be taking advantage of it.
Contrary to this time last year the market was extremely slow. The months of January and February in the office place were like ghost towns. Day in and day out the news media squashed any glimmer of hope for the real estate market. The elements around us were tanking. Stocks were diving, unemployment was rising and the real estate industry came to a complete halt. It was a frightening time and the unknown was unsettling.
Thankfully in the spring of 2009, the First Time Home Buyer program was introduced and it gave the real estate industry a pulse. Thank God. It got houses the appointments Sellers needed and then contracts were being written.
Overall, things have kept a steady beat with real estate. Delaware County is HOT. There are plenty of deals to be had. Historically, this is the BEST time to buy. Interests rates are low, buyers only need 3. 5% down money, housing prices are at it's lowest and the government is giving money back. What are you waiting for????
If I was in the marketplace, I would be looking at homes that have been on the market for a long time. This is when you can take advantage of that listing that's been sitting forever. Sellers are motivated and want out!!! A great deal can be made if Buyers have an open mind, don't have high expectation and looking for a good home in a good neighborhood for a great deal!
What are you waiting for?? Give me a call at Century 21 Alliance...610-355-7037 or email me at
MariaLOrr@aol.com. You won't be sorry!
Sunday, January 17, 2010
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