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Reasons Why Now Is A Great Time To Buy! (Part II)
Don Davis Home Prices If you have thought about buying a home but are waiting for the home prices to drop even further or hit bottom, you are too late. They already have, months ago. The average price of a home in Snohomish County, for example, is about $275,000 and has been for most of the year. In mid 2000 the prices escalated faster than incomes, due to demand and a better economy and... [Read more]
How Low Will or Can housing Prices Go?
Don Davis Ph:360-652-9994 email:dond@htlnw.com Is it the right time to buy? If I had a nickel for every time I’ve heard that in the last six months! Here is the reality of today’s market. While there may still be some volatility in certain local segments, it is very much a supply and demand. As long as the supply (inventory of homes on the market) remains high the prices will remain soft. That... [Read more]
$8,000 First Time Buyer Tax Credit
Don Davis Ph:360-652-9994 email:dond@htlnw.com It is unclear at this point as to whether or not the Federal Government will extend the $8,000 first time buyer tax credit. So as far as any of us are concerned we have to believe that it will come to an end on the 30th of November 2009. With that said, you should be mindful that if your home purchase is not completed by then you could be in jeopardy... [Read more]
